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The Management Of The Company Through Dividend And The Ethical Dimension Of The Decisions Taken In Ethis Field

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  • Petru Prunea

    ()
    (Technique University, Cluj-Napoca)

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    Abstract

    The main objective of a company's shareholders is to increase its market value. Of course, they also wish, on a second level, to obtain dividends as big as possible from the investment they made. Just that the exacerbation of their wish to obtain substantial gains, especially when the dividends are distributed in the form of free shares, makes them overlook two regularities that exist in this field: the increase of dividends has to be continuous, and to not have big fluctuations, and the decisions taken in this field do not have to infringe on the self-regulatory capacity of the capital market.

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    File URL: http://steconomice.uoradea.ro/anale/volume/2008/v2-economy-and-business-administration/071.pdf
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    Bibliographic Info

    Article provided by University of Oradea, Faculty of Economics in its journal The Journal of the Faculty of Economics - Economic.

    Volume (Year): 2 (2008)
    Issue (Month): 1 (May)
    Pages: 414-417

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    Handle: RePEc:ora:journl:v:2:y:2008:i:1:p:414-417

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    Keywords: market value; shareholders; ethical decisions;

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