Clientele effect represents the impact on the stock price that investors would cause in reaction to a change in policy of a company. Consequently, dividend policy won't effect the value of the stock as long as clientele exist, dividend policy is irrelevant.
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Clientele Effect — The theory that a company s stock price will move according to the demands and goals of investors in reaction to a tax, dividend or other policy change affecting the company. The clientele effect assumes that investors are attracted to different… … Investment dictionary
Clientele effect — The grouping of investors who have a preference that the firm follow a particular financing policy, such as the amount of leverage it uses. The New York Times Financial Glossary … Financial and business terms
clientele effect — Describes the tendency of funds or investments to be followed by groups of investors who have similar preferences for a firm which follows a particular financing policy, such as the amount of leverage it uses. Bloomberg Financial Dictionary … Financial and business terms
The Clientele — Infobox musical artist Name = The Clientele Img capt = Img size = Landscape = Background = group or band Alias = Origin = London, England, United Kingdom Genre = Indie pop Years active = 1991present Label = Merge Records Pointy Records Associated … Wikipedia
Эффект клиентской базы — объединение в одну группу акционеров, предпочитающих, чтобы компания следовала определенной финансовой политике. По английски: Clientele effect См. также: Общее собрание акционеров Финансовый словарь Финам … Финансовый словарь
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