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THE INFLUENCE OF FIRM FINANCIAL PERFORMANCE ON DIVIDEND POLICY AND ITS EFFECT TO THE FIRM VALUE (Study at Manufacturer Companies Listed in Indonesia Stock Exchange for the Period of 2010-2012)
The Previous empirical studies have not provided evidence that conclusively settles the debate about whether and how firm financial performance affects dividend policy and firm value. as the literature have already said, even if dividend policy really matters, it is almost certainly less important than other decisions that financial managers have make.
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