INTRODUCTION Financial decision making moves around “increasing the wealth of shareholder’s” and these financial decisions can be very tricky sometimes. One basic question “proportion of debt […]
INTRODUCTION Dividend policy in the firm has been the major matter for recognizing how managers set dividend ratio and change dividend given to stockholders. The existing […]
Williamson (1988) Williamson in his article, “Corporate Finance and Corporate Governance”, analyzed the effects of tangible assets and probability of bankruptcy on the relationship between capital […]