Examlex
When the new CEO is from inside the firm and a heterogeneous top management team is in place, the strategy may not change, but innovation is likely to continue.
Tax-exempt Institutional Stockholders
Institutional investors that are exempt from paying taxes on dividends received or gains realized from stock holdings.
High Dividend Policy
A strategy by which companies pay out a significant portion of their profits in the form of dividends to their shareholders.
Percentage
A mathematical concept that represents a fraction of 100, commonly used to quantify the relative size of one quantity as a fraction of another.
Strict Residual Dividend
A dividend policy under which dividends are paid from the residual or leftover equity only after all project capital needs are met, prioritizing investment over dividends.
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