Archive | Accounting

Essay on Alternative Capital Structure Theory | Theories | Accounting

In this essay we will discuss about the alternative capital structure theory regarding financial leverage of a company. Modigliani and Miller offered an alternative theory of capital structure. They published theoretical papers that changed the way people thought about financial leverage. They won Nobel prizes in economics because of their work. MM's papers were published in 1958 and 1963. Miller [...]

By Kalpna A|2017-05-16T19:21:36+00:00May 16, 2017|Accounting|Comments Off

Essay on Dividend Policy of a Company | Policies | Accounting

Read this essay to learn about:- 1. Meaning of Dividend 2. Dividend Versus Market Price 3. Dividend Versus Capital Gains 4. Clientele Effect and Dividend Policy 5. Dividend Irrelevance Theory 6. Residual Dividend Model. Essay # 1. Meaning of Dividend: Dividend is return to the shareholders. Preference shareholders get fixed dividend. So there is a policy decision involved in it. [...]

By Kalpna A|2017-05-16T19:21:35+00:00May 16, 2017|Accounting|Comments Off

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