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Why it is said that equity shareholders are the residual owners?

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प्रश्न

Why it is said that equity shareholders are the residual owners?

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उत्तर

Since they do not receive a fixed dividend, instead, they receive payments only after government taxes, debenture interest, and preference dividends have been settled.

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पाठ 18: Sources of Business Finance - EXERCISES [पृष्ठ २६९]

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सी. बी. गुप्ता Business Studies [English] Class 12 ISC
पाठ 18 Sources of Business Finance
EXERCISES | Q I. C. 16. | पृष्ठ २६९
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