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Champion Road Machinery

Stephen R. Foerster; Rob Barbara

商品編號:9A95B028
出版日期:1995/08/12
再版日期:2010/11/02
商品來源:
商品主題:Finance
商品類型:Case (Field)
涵蓋議題:Dividend Policy;Cash Budgeting
難易度:4 - Undergraduate/MBA
內容長度:12 頁
地域:Canada
產業:Manufacturing
事件年度:1994

Scott Hall, vice-president of finance and chief financial officer of Champion Road Machinery Limited, was preparing a presentation on the company's proposed dividend policy for a board of directors' meeting scheduled for the middle of August. It had been only three months since the company completed its initial public offering, at which time the prospectus stated that: The company does not anticipate paying cash dividends on the common shares in the foreseeable future, but intends to retain future earnings for reinvestment in the business. However, earnings were well ahead of those projected in the prospectus and the company had succeeded in managing cash better than anticipated.

教學手冊:Champion Road Machinery - Teaching Note
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