Examlex
Hybrid orbitals of the sp3d type occur in sets of four.
Clientele Effect
The theory that firms attract equity investors at least in part because of their dividend-paying policies. The firm has a “clientele” of stockholders whose need for current or deferred income matches the firm’s dividend practices. The implication is that it isn’t a good idea to change dividend policies because such a change is bound to displease most stockholders.
Dividends
Payments made to shareholders out of a company's profits.
Steady Source
A consistent and reliable means of obtaining something, such as income or information.
Clientele Argument
A theory suggesting that companies attract investors whose preferences align with the company's policies regarding dividends, financing, and investment.
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