Having a minimum dividend does more than make some…
Having a minimum dividend does more than make some family members happy. It also makes it clear to management that the business has to achieve a certain level of performance so that shareholders will receive their minimum return. It creates a source of discipline for management.
— from True North (Ethics, Integrity, Truth, Values) · Perpetuating the Family Business: 50 Lessons Learned from Long-Lasting Successful Families
Also belongs to
- Family & Parenting (Family/Parenting)
- Decisions & Choices (Decision/Choice/Focus/Forethought/Consequences)
- Goals, Action & Defining Success (Goal/Action/Success/Motivation)
- Leadership & Business (Leadership/Business)
Related
- Write down two standards that fall into the categories…
- Write down two standards that fall into the categories…
- Since the 1950s, our policy has been that there…
- This amounts to a mandatory retirement policy
- Regulatory Issues Specific to Direct Investing While coinvestments with…
- How do advisers fit into a system of family…