Examlex
The regular dividend policy provides the owners with generally positive information, indicating that the firm is okay and thereby minimizing their uncertainty.
Feudalism
A medieval European political, economic, and social system characterized by the granting of land in exchange for military service, operating on a hierarchy of lords and vassals.
Inheritance of Power
refers to the transfer of authority, control, or influence over others from one generation to another within families, dynasties, or organizations.
Rational Thoughts
The process of thinking clearly, logically, and without emotional bias.
Traditional Authority
A type of leadership in which the authority of an organization or a ruling regime is largely tied to tradition or custom.
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