Overcoming Dividend Skepticism: Why the World's Sovereign Wealth Funds are Not Paying Dividends. By Angela Cummine.
She argues very persuasively against the "four common objections to dividend schemes advanced
by SWFs:
the anti-consumption objection,
the diluted returns objection,
the savings objection, and
the technical concerns objection."
There is another common and big objection: citizens are not entitled to the SWF dividends.
Does anybody have a strong argument against that?
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