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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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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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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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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Health and wealth‚ two words that rhyme so well but often do not occur together. Good health is clearly preferable but if one does not have good health‚ then it is better to have some wealth to ease the burden. Money cannot replace the lack of health‚ but it goes a long way to make life easier‚ more comfortable and reduce a major stressor in most people’s lives. Those who are healthy do not have any idea of the struggle that those who are less able go through in order to do the simplest of daily
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illnesses and diseases. Now‚ why say that health is more important than wealth? We first need to understand the importance of each in our lives and realize that with health we can achieve wealth but without health‚ wealth will be useless. All individuals strive to be healthy and strong that is why we try to exercise as much as possible‚ eat right‚ and drink vitamins and food supplements that can help our bodies. Ever heard of the saying‚ "health is wealth"? We wouldn’t really put importance
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Is Health more Important than Wealth Health is much more important than wealth. Without our health‚ we would not be able to make the money that makes us wealthy. It ceases to amaze me what lengths people will go to in order to make money‚ some legal‚ and some illegal. If you are not healthy‚ what good is having a lot of money? If you have a deadly disease that there is no cure for‚ having tons of money is not going to do you any good‚ will it? Sure‚ you have lots of money to pass onto your
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Relations are more important than wealth A relationship is normally viewed as a connection between two or more individuals. The most important thing in our life is relations. It’s neither achievements nor wealth. The most important thing people need is love. We all need to love and be loved. Unfortunately‚ sometimes we are so obsessed with other things that we forget how beautiful it is to love and be loved. . Feel how wonderful it is. Get a taste of love through relationships. This is the only
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