Empirical Analysis Of Determinants Of Dividend

EMPIRICAL ANALYSIS OF DETERMINANTS OF DIVIDEND PAYMENT: PROFITABILITY AND LIQUIDITY Norhayati Mohamed, cause 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 e-mail: weesh411@salam.uitm.edu.my; wee.shu.hui@gmail.com 1  solicit: This paper empirically analyzed the determinants of dividend compensation 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 funds flow was apply to pay dividend. Lastly, the study confirms the fact that gainfulness 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 information collected for this study was part of a collaborative action between MSWG and UiTM. 2 INTRODUCTION The topic of dividend has been extensively studied.

except it remained as one of the most controversial subjects in Finance. Studies in the past have covered many facets of dividends; among them are make of dividend payment on firm value, tenablenesss for paying dividends, determinants of dividend policy, and dividend trends, among others. in pique of the many the ories and models put forth to explain the di! vidend phenomena, empirical evince is necessary to establish the practice of theoretical concepts. Such reason as documented through statistical tests would confirm the relevancy 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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