2. Literature Review 2.1 Theoretical Review Given that there are many contentious issues surrounding dividend policy, many researches were conducted in an attempt to unravel the dividend puzzle. The earliest study on dividend policy was performed by Lintner (1956) who conducted his research on American companies. He concluded that dividend decision is largely based upon the current profitability and the previous year’s dividends. This is due to the assumption that investors prefer a certain rate
II. Theory and Literature review 2.1 Review of important previous studies of cash holding issue Cash holding is an important financial and strategical issue for a corporation and also one of the hot issues of foreign and domestic academic researches. The concern for the cash holding issue could date back to the Keynesian theory of the demand for money. This theory is mainly focused on the demand for money from the perspective of macro economy. The theories and empirical studies of cash holding issue
2.1 Introduction This chapter reviews literature is examine on the financial performance and distress a case of Malaysian construction companies. And then, some model to solve the firms problem in financial. 2.2 Financial Performance Financial Performance is used to track and review an organization’s progress against its strategic plan and specific performance goals. While financial performance measures is important to drive a company or to individual projects to ensure that deadlines are met and
Business planning is a process that follows the logic input-transformation-output. The inputs are given in the information to be provided by the areas of the business, such as: commercial or marketing, production of logistics, human resources and finance, the economic area or planning to it is to draw up a proposal based plan as possible. The transformation can be seen in the application of the techniques and necessary for the development of the analysis plan, and the output is specified in the document
1.0 Introduction This document is structured as follows: The Introduction section would be followed by the background of the study and statement of problem. Item three would provide the objective of the study. The research question and literature review sections would follow right after the statement of problem section. The methodology would present the details of the data collection methods used, selection criteria of the sample size and the statistical tools used for the data analysis. Items seven
government adopted a liberal attitude by allowing more frequent equity participation to foreign enterprises, and to accept equity capital in technical collaborations. But due to Significant outflow of foreign reserves in the form of remittances of dividends, profits, royalties etc. and the government has to adopt stringent foreign policy in 1970s. During this period the government adopted a selective and highly restrictive foreign policy as far as foreign capital, type of FDI and ownerships of foreign
Edelweiss capital limited is listed amongst the India’s leading provider of financial services. The range of services offered varies from providing investment banking, institutional equities, private client broking, asset management and investment advisory services, wealth management, insurance broking and wholesale financing services to large firms and individuals SUCCESS STORY Rakish Shah, a Gujarati businessman was the first one in his family to study in an English-medium school. Unlike the trend
This network even assesses the assets which are worth to be accepted by the bank as a security against the finance provided. b) Use of technology Fully computerisation of the branches have made the management of NPAs very efficient and effective. In 2011 System Level Asset Classification (SLAC) was incorporated by the bank making its systems more efficient. Bank has a Data Center set up centrally which overlooks all the accounts and finds the weakness
CHAPTER TWO: REVIEW OF RELATED LITERATURE This section presents a brief review of existing theoretical and empirical literature of tax and tax administration. This review of literature establishes the framework for the study and high lights the noticeable strength and weakness of previous studies, which in return help in clearly identifying the gap in the literature and formulating the research question for the study. 2.1. Definitions and Concepts of Tax Taxes are a portion of private wealth, exacted
earnings. The research’s major proposition is that the macroeconomic indicators mentioned have a direct impact on the business performance level, the earnings as well as the stock prices. This information would be of particular importance to investors, management, shareholders, analysts and auditors who each have specific vested interests in a