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    #1

    Since

    Hi

    Could anyone please tell me if the paragraph below is grammatically correct?

    Dividend policy has been one of the areas of corporate finance to be analyzed with a rigorous model, and it has since been one of the most thoroughtly researched issues in modern finance. There are a number of theories of dividend behaviour, and empirical studies provide little evidence for one over the other.


    If so, what does "since" here mean? and does the bold sentence mean that there is no evidence to prove which theory is the best" ?

    Thanks

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    #2

    Re: Since

    What is the source of your quote?

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    #3

    Re: Since

    This is the temporal sense of "since" where the meaning here is: between the time that dividend policy became analysed with a rigorous model and now.

    Your interpretation of the bold sentence seems correct.

  1. Charlie Bernstein's Avatar
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    #4

    Re: Since

    Yes. The phrase "it has since been" means "it has become."
    I'm not a teacher. I speak American English. I've tutored writing at the University of Southern Maine and have done a good deal of copy editing and writing, occasionally for publication.

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