Empirical Analysis Of Determinants Of Dividend

EMPIRICAL ANALYSIS OF DETERMINANTS OF DIVIDEND PAYMENT: PROFITABILITY AND LIQUIDITY Norhayati Mohamed, trifle Shu Hui, Normah Hj. Omar, Rashidah Abdul Rahman, Norazam Mastuki, Maz Ainy Abdul Azis, Shazelina Zakaria chronicle Research Institute &Faculty of Accountancy, Universiti Teknologi MARA, 40450 Shah Alam, Selangor, Malaysia. Phone: +603-5544-4975 electronic mail: weesh411@salam.uitm.edu.my; wee.shu.hui@gmail.com 1  solicit: This paper empirically analyzed the determinants of dividend defrayal for the top cc companies in terms of market capitalization, listed on the Malaysian cope market. Large firms were chosen to increase the likelihood of capturing dividend payers. The findings showed that firms paid away on average, about 40 percent of their earnings as dividends. Furthermore, a quarter of their operating coin flow was apply to pay dividend. Lastly, the study confirms the fact that favorableness and liquidity were essential determinants of dividend payment. Note: We would like to thank the nonage Sh atomic number 18holder guard dog Group (MSWG) of Malaysia for their collaboration. The entropy collected for this study was part of a collaborative plough between MSWG and UiTM. 2 INTRODUCTION The topic of dividend has been extensively studied.

withal it remained as one of the most controversial subjects in Finance. Studies in the past have covered many facets of dividends; among them are effects of dividend payment on firm value, reasons for paying dividends, determinants of dividend policy, and dividend trends, among others. in break of the many th eories and models put forth to explain the d! ividend phenomena, empirical memorialize is necessary to establish the practice of theoretical concepts. Such reason as documented through statistical tests would confirm the relevance of theories or dispel them as myths. Problem Statement In Malaysia, dividend payment matters. Several studies have shown that an announcement of dividend increase (decrease) was followed by an...If you want to get a full essay, order it on our website: BestEssayCheap.com

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