The Choice between Dividend and Share Repurchase
This paper examines the payout channel choice of listed firms in KLSE, paying particular attention to why some firms prefer to increase dividends while others prefer to repurchase only. The results indicate that higher prior income, more variability of prior income, and a higher level of retained ea...
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| Format: | E-Article |
| Published: |
World Scientific Publishing Co Pte Ltd
2011
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| Subjects: | |
| Online Access: | http://ir.unimas.my/id/eprint/18172/ http://www.worldscientific.com/doi/abs/10.1142/9789814343374_0005 |
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| Institution: | Universiti Malaysia Sarawak |