Examlex
The most often used feature in the SAP ERP HR modules is the ________ ________ feature.
Clientele Effect
A theory suggesting that the stock price movements of a company are influenced by the tax preferences and dividend policies preferred by its current shareholders.
Information Content Effect
The impact of news announcements on stock prices, reflecting changes in investor perceptions.
Efficient Markets Hypothesis
The theory that financial markets are "efficient" in reflecting information about the prices of securities, meaning that existing share prices always incorporate and reflect all relevant information.
Residual Dividend Approach
A policy for setting dividends based on a firm's residual or leftover earnings after financing planned capital expenditures.
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