While taking a loan from a financial institution; Lokesh Enterprises signed an agreement that they shall not pay dividend to its shareholder more than 15% until the loan is repaid; or dividend shall not be declared if the liquidity ratio is found to be less than 1:1. Identify the factor related to dividend decision being described in the above case.
1.Access to capital market
2.Preferences of shareholders
3.Contractual constraints
4.Legal constraints
Posted Date:-2021-02-22 08:13:15