Northboro Machine Tools Corporation (v. 1.0) Case Solution
The chief financial officer (CFO) of this substantial CAD/CAM equipment manufacturing company, Christine Olsen, must decide on the magnitude of the company's dividend payout. A subsidiary question is whether the business should embark on a campaign of corporate-picture advertisements and change its corporate name to reflect its new look.
This article focuses and provides omnibus review of many practical aspects of the dividend choice, including effects of signals, effects of clients as well as monetary and investment implications of raising dividend payout.
PUBLICATION DATE: December 17, 1997
This is just an excerpt. This case is about FINANCE & ACCOUNTING
