A company is raising funds from different sources, and it includes debentures, preference shares, and equity shares. Payment to debenture holders and preference shareholders… Read Article
Modigliani-Miller’s theory is a major proponent of the ‘dividend irrelevance’ notion. According to this concept, investors do not pay any importance to the dividend… Read Article
Gordon’s theory on dividend policy is one of the dividend theories believing in the ‘relevance of dividends’ concept. It is also called the ‘Bird-in-the-hand’… Read Article
Walter’s model on dividend policy believes in the relevance concept of a dividend. According to this concept, a dividend decision of the company affects… Read Article