Evaluate a management's fiduciary responsibility regarding the distribution of Net Income to dividends and/or retained earnings. Describe scenarios both pro and con for leaving money in retained earnings, and paying it out in dividends as it relates to the direct impact on individual investors. Assess the impact of the media and of ownership by institutional investors for each of the management's decision options.
Requirements:
Write a 1,000-1,250-word paper (excluding the title page and references). Support your evaluation with at least three scholarly or professional journal articles written within the last five years in the United States of America (cited in APA format). Include an introduction and conclusion.