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Globalization captures the idea that everything on the planet is now more closely connected than ever before, but on an institutional foundation that is shaky and unprepared for managing the massive adjustments brought on by accelerating worldwide changes.
Recent Dividend
The latest distribution of a portion of a company's earnings to its shareholders, typically expressed as a dollar amount per share.
Growth Rate
The measure of an entity's capacity to expand over a certain period, often expressed as a percentage.
Constant Dividend
A policy where a firm aims to distribute dividends that are consistent and do not vary with its yearly earnings or profits.
Required Rate
The minimum return that investors expect or require from an investment to make it worthwhile.
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