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 and Miller 1963 also said that dividend policies have no major role in value creation process of firm but with...
5 Pages
2239 Words
Defining Local Ownership Several authors have attempted to define local ownership, but there is still no accepted definition. The UN itself emphasizes on the significance of the principle but does not offer a coherent definition. Chesterman describes ownership as “how the population comes to regard certain policies as their own” . Other scholars describe ownership as a tool to increase effectiveness and legitimacy in peacebuilding. Moreover, the term is used to address representational issues at the national and local levels....
3 Pages
1483 Words
Identity of ownership has always been a main topic to study in Finance. Many researchers studied the effect of ownership concentration and the identity of the largest shareholders on many factors, such as Capital structure, growth opportunities, and firm performance. (Jiang & Peng, 2010; Anderson & Reeb, 2003; San Martin & Duran, 2015; Javid & Iqbal, 2008; Thomsen & Pedersen, 1997; Diana Bonfim, 2015; Villalonga & Amit, 2004; Pindado & De la Torre, 2011; Ozler & Taymaz, 2004.). Family firm...
5 Pages
2215 Words
Backbone of the country’s economy is the financial sector. It plays the part of facilitator to attain constant and continues development of economy through providing actual monetary intermediation. A robust economic system through a competitive atmosphere encourages investment via financing productive business opportunities, mobilizing economies, efficiently distributing resources, and enabling trade in goods and services. Banking system is the chief component of financial system, playing a very noteworthy role in the countries’ economies. The wellbeing of the economy is meticulously...
6 Pages
2612 Words
Introduction to The Law of Sea India has managed to build a rich Maritime history in the course of time even before the rise of the European Maritime laws. During the ancient period, Indian ships would sail across international seas and transport all sorts of valuable goods to the neighbouring Asian and Middle Eastern countries. After the advent of the Britishers, Indian ships were discouraged and British ships were given more preference. The indigenous ships had to be registered under...
3 Pages
1577 Words
If indeed guns do not kill, then why do mass killers have to arm themselves with guns? As a mother and concerned citizen, I feel that the government ought to take action to end the unnecessary loss of innocent lives we tragically lose every day. Gun ownership and violence has been a controversial issue in the US for centuries. Approximately 40% of Americans own guns or live in households with deadly weapons (Legault, Hendrix, and Lizotte, 2019). The US is...
3 Pages
1249 Words