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Dividend changes may be used by management as a credible communication tool to signal investors about future earnings under which of the following dividend policy theories? a

Business Jan 27, 2021

Dividend changes may be used by management as a credible communication tool to signal investors about future earnings under which of the following dividend policy theories?

a. the residual dividend theory

b. the information effect

c. the expectations theory

d. the clientele effect

 

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