John-Akamelu Chitom Racheal John-Akamelu

Chasing Shareholder Happiness at the Expense of Equity Performance: A Revisit of Dividend–ROE Trade-offs

The distribution of profits through dividends is meant to serve as a means of sharing financial success while still ensuring that the firm’s capital base remains strong enough to finance future investments. However, the growing pressure from shareholders and financial markets often compels management to prioritize shor...