Question
The unwillingness of many older, giant firms to cut dividends is referred to as Blank______.
Multiple choice question.
the information content effect of dividends
dividend signaling
the legacy effect
dividend smoothing
Multiple choice question.
the information content effect of dividends
dividend signaling
the legacy effect
dividend smoothing
Answers
Answer
incorrect. the answer is the legacy effect
Answered by
GPT-4o mini
The correct answer is **dividend smoothing**.
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