Investment Opportunity Set and Dividend Policy in Malaysia
This paper investigates the relationship between Investment Opportunity Set (IOS) and dividend policy and if ownership structure moderates this relationship in an emerging economy context. The contracting theory based on Jensen's free cash flow (FCF) theory is empirically examined using a serie...
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| Main Authors: | , , |
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| Format: | Citation Index Journal |
| Published: |
2011
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| Subjects: | |
| Online Access: | http://eprints.utp.edu.my/12053/1/Investment%20opportunity%20Set%20and%20Dividend%20policy%20in%20Malaysia.pdf http://eprints.utp.edu.my/12053/ |
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| Institution: | Universiti Teknologi Petronas |