Question

name the source of finance which is known as the residual owner​

Answer 1

Answer:

Equity shares are the vital source for raising long-term capital. ... Equity shareholders are paid on the basis of earnings of the company and do not get a fixed dividend. They are referred to as 'residual owners'.

Answer 2

Explanation:

Equity shares are the vital source for raising long-term capital. ... Equity shareholders are paid on the basis of earnings of the company and do not get a fixed dividend. They are referred to as 'residual owners'.