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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2011
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my.unimas.ir.181722017-10-18T07:27:18Z http://ir.unimas.my/id/eprint/18172/ The Choice between Dividend and Share Repurchase Mohamad, Jais HG Finance 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 earnings increase the likelihood that the firms will choose to pay out earnings through dividends. The analysis further indicates that some firms substitute repurchases for dividends. World Scientific Publishing Co Pte Ltd 2011 E-Article PeerReviewed Mohamad, Jais (2011) The Choice between Dividend and Share Repurchase. Studies on Financial Markets in East Asia. pp. 75-88. ISSN ISBN: 978-981-4343-36-7 http://www.worldscientific.com/doi/abs/10.1142/9789814343374_0005 doi : 10.1142/9789814343374_0005 |
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HG Finance Mohamad, Jais The Choice between Dividend and Share Repurchase |
| description |
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 earnings increase the likelihood that the firms will choose to pay out earnings through dividends. The analysis further indicates that some firms substitute repurchases for dividends. |
| format |
E-Article |
| author |
Mohamad, Jais |
| author_facet |
Mohamad, Jais |
| author_sort |
Mohamad, Jais |
| title |
The Choice between Dividend and Share Repurchase |
| title_short |
The Choice between Dividend and Share Repurchase |
| title_full |
The Choice between Dividend and Share Repurchase |
| title_fullStr |
The Choice between Dividend and Share Repurchase |
| title_full_unstemmed |
The Choice between Dividend and Share Repurchase |
| title_sort |
choice between dividend and share repurchase |
| publisher |
World Scientific Publishing Co Pte Ltd |
| publishDate |
2011 |
| url |
http://ir.unimas.my/id/eprint/18172/ http://www.worldscientific.com/doi/abs/10.1142/9789814343374_0005 |
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1644512797161160704 |