Relationship between Leverage, Dividend Pay-out Ownership Concentration and Firm Value: Analytical Essay
5 Pages
2274 Words
Does Growth Opportunity Moderate the Relationship between Leverage, Dividend Pay-out Ownership Concentration & Firm Value? Introduction Back Ground of the Study Corporate finance initially started with the assumption of complete and perfect market. It argued that fund raising is independent of its capital structure by assuming perfect competition cost, no agency cost and no bankruptcy cost, no transaction cost. Modigliani...
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