Examlex
A virtual ________ is a social network of individuals who interact through user-to-user communications hosted by a company to enhance customer experience and build a favorable buyer-seller relationship.
Clientele Effect
A theory suggesting that changes in dividend policy may attract different groups of investors based on their preferences for dividend payouts versus capital gains.
Dividend Yield
A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, typically expressed as a percentage.
Price/earnings Ratio
A valuation metric for companies, calculated as the market value per share divided by the earnings per share.
Excess Cash
Refers to the amount of cash held by a company that exceeds the normal operational needs, often indicating a potential for investment, distribution to shareholders, or acquisition.
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