The initial decision of whether or not to pay a dividend comes from:
A) shareholder vote.
B) the Board of Directors' vote.
C) the CEO and the executive management team.
D) is written as part of the company's constitution.

Question

Quizplus · Accepted Answer

The process begins with a vote by a company's board of directors to pay a dividend. As shareholder representatives, the board must approve any distribution of value to shareholders.

The Initial Decision of Whether or Not to Pay a Dividend