عوامل تعیین کننده سیاست تقسیم سود: شواهدی از شرکت های لهستانی ذکر شده
|کد مقاله||سال انتشار||مقاله انگلیسی||ترجمه فارسی||تعداد کلمات|
|46062||2015||5 صفحه PDF||سفارش دهید||2090 کلمه|
Publisher : Elsevier - Science Direct (الزویر - ساینس دایرکت)
Journal : Procedia Economics and Finance, Volume 23, 2015, Pages 473–477
Dividend policy has been still a controversial issue in corporate finance. The question, when and why do firms pay dividends, is still valid. Vast literature has examined the dividend policies of firms from developed countries, especially from U.S. Relatively little research has yet been published examining the dividend policies of companies from emerging countries. The main goal of this paper is to examine cash dividend payments of Polish listed companies. In this study, panel data analysis is applied to investigate the determinants of dividend policies of Polish companies. The paper also explains the impact of different factors on dividend policy on Polish market.Moreover, it tries to examine whether the same factors (profitability, liquidity, size, leverage of the firm) affect dividend payout decisions on Polish market as on developed countries.