International Research Journal of Finance and Economics ISSN 1450-2887 Issue 20 (2008) © EuroJournals Publishing‚ Inc. 2008 http://www.eurojournals.com/finance.htm The Impact of Dividend Policy on Shareholders’ Wealth R. Azhagaiah Faculty Member‚ Department of Commerce Kanchi Mamunivar Centre for Post Graduate Studies (Autonomous) (Govt. of Puducherry) Affiliated to Pondicherry Central University Puducherry – 605 008‚ South India E-mail: drrazhagaia@ yahoo.co.in Tel: ++91-0413 – 2255017; Fax:
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CONSUMER BEHAVIOR AND UTILITY MAXIMIZATION Consumers are assumed to be rational. Given his money income and the market prices of various commodities‚ he plans the spending of his income so as to attain the highest possible satisfaction. It is possible to measure the amount or level of satisfaction that individuals get from consuming a commodity or a bundle of goods using the concept of utility. Two approaches to the concept of utility (Cardinalists and Ordinalists approach) describe how utility can
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“Apply the concepts of marginal utility theory‚ product differentiation‚ and revenue/profit maximization to some event in your personal‚ daily lives.” [1] Marginal Utility Concept Application From the three concepts at hand this is by far the easiest to exemplify. According to Sloman and Sutcliffe the concept of utility is directly related to that of satisfaction [2]. The satisfaction that one individual takes from consuming something is called utility. Now when we consider the utility concept
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“Health” and “wealth”‚ with just a letter different‚ makes a very different meaning. One means the rich in body and mind‚ which is priceless while the other means the rich in material‚ which is earnable. Apparently‚ health is better than wealth. As a healthy people‚ we are able to do our daily activities like wash-up‚ take meals‚ dress up by ourselves easily without rely on others help. However‚ if we are wealthy but unhealthy‚ we will have to depend on our wealth to employ someone to
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Campo 3/8/2012 BUSN 320 Word Count 392 Maximizing Shareholder Wealth The goal of a firm and a financial manager should involve maximizing the wealth of a firm’s shareholders through achieving the highest possible value for the firm (Block 13). It is a vital task to oversee properly as a financial manager‚ and while the manager cannot directly control the firm’s stock price‚ it can act consistently with the desires of the shareholder. Accounting‚ financial and other irregularities can erode
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MBC 703 –CORPORATE FINANCE & ACCOUNTS ASSIGNMENT: The Primary goal of a firm has been held out to be shareholder wealth maximization which translates to maximizing stock prices. In light of this statement‚ do you think firms have any responsibility to society? BY Akanji Emmanuel olusegun BSU/MS/MBA/08/3104 FACULTY OF MANAGEMENT SCIENCE MASTER OF BUSINESS ADMINISTRATION (MBA) BENUE STATE UNIVERSITY MAKURDI. AUGUST‚2010 1.0 Introduction:
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shocks like a business gone bust or a meltdown. Education is more Imp than Money‚ coz if you are educated you can earn any how but if you are not educated and earning lots of money say through business or something else and suppose if your business close down or some event happened than if you are not educated than the option available is business only and for maintaining business is not the small job but if you are educated than one can at least do job and earn money Secondly‚ whatever eduction
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Managers are hired to act on behalf of the shareholders of a firm. However‚ this is not always the case as both parties have different objectives. The difference in interests between shareholders and managers ‘derives from the separation of ownership and control in a corporation’ (Berk and DeMarzo‚ 2011: 921). Whereas shareholders are interested in maximising their own wealth‚ managers may have more personal interests which differ to that of the shareholders. Downs and Monsen (no date‚ cited in Chin
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HelloooEducation and money are both important things. They are essential to support our life. People may think money is the most important thing in our life. But in my opinion‚ education comes first than money. They don’t know behind the power of education which makes money as an illusion. Nowadays‚ people look at money as it is the root of life like you will not be able to survive without money. They are desperate to find money which they think money is the most important thing in the world
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Profit Maximization vs. Maxing Shareholders Wealth Abstract Profit maximization relates only to profits‚ while shareholder wealth also encompasses total company equity‚ debt ratios and various other financial performance measure ratios. One’s management could focus on profit maximization over an extended period of time‚ while the shareholder would prefer continual increases in stock values and corporate total values. These increases are often more commonly known as “getting in and get out”
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