PPT-Maintenance of share capital and the payment of dividends

Corporate Law Law principles and practice Maintenance of share capital The principle under common law and the Corporations Act 2001 Cth is that a company should preserve the capital of the company. Dividend Policy. After Studying Chapter 18, you should be able to:. Understand the dividend retention versus distribution dilemma faced by the firm. . Explain the Modigliani and Miller (M&M) argument that dividends are irrelevant. . Stockholders’ Equity. PowerPoint Authors:. . Brandy Mackintosh. Lindsay . Heiser. Learning Objective 11-1. Explain the role of stock in financing a corporation. Corporate Ownership. The major advantage of the corporate form of business is the ease of raising capital as both large and small investors can participate in corporate ownership.. Proprietorships, Partnerships, and Corporations. © 2015 McGraw-Hill Education.. Corporate Advantages. Separate legal Entity. Limited liability of stockholders. Continuous life. Management Structure. Stockholders’ Equity. PowerPoint Authors:. . Brandy Mackintosh. Lindsay . Heiser. Learning Objective 11-1. Explain the role of stock in financing a corporation. Corporate Ownership. The major advantage of the corporate form of business is the ease of raising capital as both large and small investors can participate in corporate ownership.. Chapter 17. Chapter Outline. 17.1 Cash Distributions to Shareholders . 17.2 Dividends Versus Share Repurchase in a Perfect Capital Market. 17.3 The Tax Disadvantage of Dividends. 17.4 Payout Versus Retention of Cash. P.V. . Viswanath. Learning Objectives. 2. How is cash returned? The Mechanics. How do we choose between dividends and Share Repurchases?. Why Dividends and Share Repurchases are irrelevant in Perfect Markets. and Analyzing . Stockholders’ Equity. Kimmel . ● Weygandt ● Kieso. Financial . Accounting, . Eighth . Edition. 11. Explain how to account for the . issuance of . common and preferred stock. , and . Discuss the characteristics of the corporate form of organization, rights of . shareholders, and . different types of shares.. Explain . how to account for the issuance, reacquisition, and retirement of shares, stock . Chapter 11. Copyright © 2016 McGraw-Hill Education.  All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.. Wild, Shaw, and . Chiappetta. Financial & Managerial Accounting. Dr. Lokanandha Reddy Irala (www.irala.org) . 2. . Bonds- Basics. What is a bond?. How does it differ from Equity. Do you like a bond or Equity?. PowerPoint . Author:. . Brandy Mackintosh, CA. Learning Objective 11-1. Explain the role of stock in financing a . corporation.. Corporate Ownership. The major advantage of the corporate form of business is the ease of raising capital as both large and small investors can participate in corporate ownership.. 16th . Edition. Kieso . ●. . Weygandt . ●. . Warfield. . Describe . the corporate form and the issuance of shares of stock. . Describe the accounting and reporting for reacquisition of shares.. and Stock Splits. Learning Objectives. Understand the formal process for paying dividends and differentiate between the most common types.. Explain individual preferences and issues surrounding different dividend policies.. SHARE CAPITAL. ISSUE OF SHARES. TYPES OF SHARS. FORFEITURE OF SHARES . REISSUE OF SHARES . UNDERWRITING OF SHARES . STOCK SPILIT . MEANING OF REDEMPTION . REDEMPTION OF PREFERENCE SHARES. . SHARE CAPITAL.