Examlex
According to Max Weber,authority is just another word for power.
Retained Earnings
The portion of net income that is retained by the corporation rather than distributed to its shareholders as dividends.
Constant Dividend
A policy of distributing a fixed amount of dividend per share to shareholders, regardless of the company's earnings variations over time.
Cost of Retained Earnings
This represents the opportunity cost for a company of using its retained earnings for investment purposes rather than distributing them as dividends.
Common Stock
A type of equity security that represents ownership in a corporation, giving holders voting rights and the potential for dividends.
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