Although the classical dividend discount model (DDM) is a wellknown and widely used model in evaluating the intrinsic price of common stock, the practical pattern of dividends, required rate of return or growth rate of dividend do not generally coincide with any of the model’s assumptions. It is just the opportunity to develop a fuzzy logic system that takes these vague parameters into account....

The purpose related to this study is examine the impact of financial reporting quality on corporate dividend policy. data has been extracted from non-financial companies listed Ho Chi Minh City Stock Exchange. This executed system generalized method moments (GMM) for checking nexus among constructs. results revealed that a positive association with decision pay dividends serves as signal stakeh...

It is almost an article of faith that managers have a preference for smooth dividends. Yet, it is not clear if this reflects investors’ preferences. In this paper, we study whether investors indeed value dividend smoothing stocks differently by exploring the implications of dividend smoothing for firms’ stock prices and cost of capital. Using over 80 years of data, we find no robust relationshi...

We study a cooperation structure in which the feasible coalitions are those belonging to a partition closure system. First, we develop the relation between the dividends of Harsanyi in the restricted game and the worth function in the original game. Next, we obtain an method for computing the Shapley and Banzhaf values of the closure-restricted games using the dividends formula. Finally, we ana...

english abstracts / 11 ibn anbari s principles and style in the book al-ensaf fi masael al-khelaf eisa motaghi zadeh * majid mohammadi ** abstract after combing arabic language with non arabic and expanding the issue of diction, linguists tried to preserve the quran language, consequently they decided to legislate some special rules for facilitating the teaching of arabic grammar. very soon, su...

the valuation of companies is often complicated by a failure to understand how share prices are set. many senior executive believe that stock prices are set by some vague combination of earnings, growth rates, returns, book values, cash flows, dividends and trading volumes. in this article two general models of valuation are introduced. the firs t one is the accounting model which states that s...