Effects of investment opportunities and corporate finance on dividend payout policy: An empirical study on selected manufacturing firms listed in Philippine Stock Exchange for the period 2006-2010
Modigliani and Miller's dividend irrelevance theorem set forth studies that want to prove otherwise. The same can be said true in this study. This study wants to determine if investment and financing decisions of the firms affect their dividend payout policy. In doing so, this study adopts the...
محفوظ في:
المؤلف الرئيسي: | |
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التنسيق: | text |
اللغة: | English |
منشور في: |
Animo Repository
2013
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الموضوعات: | |
الوصول للمادة أونلاين: | https://animorepository.dlsu.edu.ph/etd_bachelors/18426 |
الوسوم: |
إضافة وسم
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الملخص: | Modigliani and Miller's dividend irrelevance theorem set forth studies that want to prove otherwise. The same can be said true in this study. This study wants to determine if investment and financing decisions of the firms affect their dividend payout policy. In doing so, this study adopts the previous work of Abor and Bokpin (2010) under the Philippine context, particularly on selected manufacturing firms listed in the Philippine Stock Exchange for the period 2006 to 2010. However, not only investment opportunities and measures of corporate finance but also patterns of ownership will be investigated in this study. The study uses panel data regression to determine the relationship between the dependent variable and independent variables. |
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