AN APPRAISAL OF THE IMPACT OF DIVIDED POLICY ON AN ENTERPRISES ITS SHAREHOLDERS, AND ITS CREDITORS

ABSTRACT Corporate divided decision taking is usually done within several limiting factors. These limitations may be in form of company profitability and liquidity, shareholder preferences, government regulations, investment opportunities and debt contracts among many others. The extent to which these factors are effectively handled determiners the nature of the impact of the decision taken. It is against this background that this research has appraised certain aspects of the effect of divided policy. This research, therefore aimed at enhancing potentiality in divided policy making through focus on its impact on the company, shareholders and creditors.       Questionnaires and interviews were employed as research tools. The statistical look at the normal distribution as well were used to analyses the result obtained.  
TABLE OF CONTENTS
TITLE I APPROVALII ACKNOWLEDGEMENT III ABSTRACTIV TABLE OF CONTENTV
CHAPTER ONE 1.1SIGNIFICANCES OF THE STUDY  1.2SCOPE OF THE STUDY 1.3LIMITATION OF THE STUDY 1.4DEFINITION OF TERMS
CHAPTER TWO 2.1DEFINITION OF DIVIDED POLICY 2.2ALTERNATIVE OF DIVIDEND POLICES USE IN PRACTICE  2.3VALUATION OF SHARES: DIVIDEND & EARNING  2.4DIVIDEND PATENTS AND SHARE VALUE 2.5DIVIDEND POLICY AND CREDITORS INTEREST
CHAPTER THREE 3.0SUMMARY OF FINDING, CONCLUSIONS AND RECOMMENDATION 3.1FINDINGS 3.2CONCLUSION 3.3RECOMMENDATION BIBLIOGRAPHY