Due to clientele effect, Modigliani and Miller argue that the shareholders get what they expect and, thus, the value of a firm's stock is unaffected by dividend policy

Indicate whether the statement is true or false

TRUE

Business

You might also like to view...

In addition to the five forces model of industry competition, Michael Porter has developed a framework of so-called generic business strategies. Explain these generic strategies, describing their aims and application

What will be an ideal response?

Business

When you deal with an unhappy customer, you should try to determine if their problem is real or perceived before attempting to resolve an issue

Indicate whether the statement is true or false

Business