From: Rafal Smigrodzki (rms2g@virginia.edu)
Date: Thu Sep 12 2002 - 09:59:38 MDT
gts wrote:
> Sorry but you are totally mistaken. The board of directors has no
> obligation to pay dividends to shareholders at any time.
### If the shareholder meeting decides that dividends are to be paid,
dividends are paid. It's simple - the shareholders own the enterprise (at
least in theory) and the board, who are their employees, have to carry out
such instructions.
Rafal
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