BUSINESS FINANCE II (İŞLETME FİNANSI II) - (İNGİLİZCE) Dersi Payout (Dividend) Policy soru detayı:

CEVAP:

Shareholders who desire particular dividend payout policies make an investment in a company that has similar dividend payout policies. If a company change its dividend policy, shareholders who preferred the previous policy will decide to sell their shares to reinvest in another company, forcing the stock price decrease. However, the new dividend payout policy may attract new investors, thereby increasing the stock price. According to the clientele effect, investors are the crucial part of a company’s policies because the changes in the policies will result in the purchase or sale of the company’s stock based upon the investor’s preferences