The Hunt Hypothesis and the Dividend Policy of the Firm. The Chaotic Motion of the Profits
Safieddine Bouali
Abstract
We have carried out simulations of a financial model of the firm to analyse the validity of the concept of Trade on Equity in dynamics. The results exhibit the ability of the borrowing policy connected to a cautious dividend distribution to inject chaos into the profit motion. The 3D system built with the van der Pol's oscillator produces a new class of strange attractors.
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