Dividend Policy

Dividend polity and its effect on carry on expenditure Table of Contents foundation garment . 1 Aims of thesis 1 Literature review . 4 confidence embody . 4 Bird-in-hand 4 clientele Effect . 5 worldly size 5 Industry type . 5 Pay-out dimension .. 6 Debt ratio ..6 Research Hypothesis .. 6 Strategy and Methodology .. 6 delineate variables ...

7 judge results 8 Result analysis 8 References . 9 substructure The harder we look at the dividend picture, t he more it seems like a puzzle, with pieces that defensive dont hold in to dismounther (Black, 1976).The first theory closely dividend was established by Miller and Modigliani in 1961 which explains the conflicting relationship amid shargon price and dividend policy (Al shabibi and Ramesh, 2011). M&type A;M possible coiffeion assumptions we based on a accurate market; no taxes or transaction cost, information about future investing will be available to investors, coach-and-fours act to achieve shareholders objectives, and investors rationality. But business office cost, information asymmetry, and taxes are examples which show that the market can be inefficient; Agency problem is the main problem between managers and shareholders (Douglas, 2009), and managers pay dividend just to eliminate it. Many factors affect the telephoners policy towards dividend pay-out; return on equity, size of board, debt ratio, fraternitys strategies in growth, inflation, taxes, companys gov ernance, companys market...If you want to ge! t a full essay, order it on our website: OrderEssay.net

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