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Horizontal communication includes intradepartmental problem solving, interdepartmental coordination, and change initiatives and improvements.
Transaction Costs
Expenses incurred when buying or selling goods and services, which can include commissions, fees, the spread between buy/sell prices, and other related costs.
Floatation Costs
The total costs associated with a company issuing new stocks or bonds, including underwriting, legal, registration, and other expenses.
Dividend Irrelevance Theory
A theory proposed by Modigliani and Miller that suggests dividend policies do not affect a company’s capital structure or stock price in a perfect market.
Dividend Policy
A company's approach to distributing profits back to its shareholders, whether through cash dividends or share repurchases.
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