Factors Influencing the Dividend Policy of Vietnamese Enterprises

Bài báo do nhóm tác giả: Dang Ngoc Hung, Nguyen Viet Ha, Dang Thai Binh; Trường Đại Học công nghiệp Hà Nội, Viện khoa học Xã hội. Được đăng tải trên tạp chí Asian Journal of Finance & Accounting, 10(2), 16-29

Abstract: he article explores the factors affecting company’s dividend policy such as profitability, firm size, financial leverage and growth rate. Data is collected from enterprises listed on the Vietnam securities market in the period of 2006 - 2017 with 2,150 observations. Using the Generalized Least Squares (GLS), the authors have identified two factors that have a positive and significant effect: (i) return on total assets and (ii) firm size. At the same time, research results also show a negative impact of enterprise’s revenue growth rate on the dividend payment ratio. In addition, financial leverage has no impact on company’s dividend policy. Keywords: Dividend policy, GLS model, dividend payout ratio; dividend per share ratio

Toàn văn bài báo: tải về tại đây

Thứ Hai, 13:55 15/10/2018

Tags:

» THE EFFECTS OF BUSINESS EFFICIENCY TO DISCLOSE INFORMATION OF SUSTAINABLE DEVELOPMENT: THE CASE OF VIETNAM (10/05/2019)

» Study the Impact of Growth , Firm Size , Capital Structure , and Profitability on Enterprise Value : Evidence of Enterprises in Vietnam (12/04/2019)

» Relationship between Environmental Financial Accounting Practices and Corporate Financial Risk: Evidence from Listed Companies in Vietnams Securities Market (25/03/2019)

» The development and cost of renewable energy resources in Vietnam (11/03/2019)

» Impact of Social Reponsibility Information Disclosure on the Financial Performance of Enterprises in Vietnam. (04/03/2019)

» Nghiệm thu đề tài NCKH cấp trường do TS. Hoàng Thị Việt Hà chủ nhiệm (02/10/2018)

» Nghiệm thu đề tài NCKH cấp trường của TS. Nguyễn Thị Thu Thủy (02/10/2018)

» Impact of Internal Control on Audit Program Effectiveness: The Case of Vietnam (01/10/2018)

» Tổng hợp các bài báo, báo cáo khoa học của các giảng viên trong khoa Kế toán-Kiểm toán năm học 2017-2018 (10/08/2018)

» Investigation of The Impact of Financial Information on Stock Prices: The Case of Vietnam (28/05/2018)

NGHIÊN CỨU KHOA HỌC

Factors Influencing the Dividend Policy of Vietnamese Enterprises

Các bài đã đăng

Các bài đã đăng

Tin tiêu điểm