Determinants of dividend policy: Bursa Malaysia firm / Amir Syafiq Amran

• Main Author: Amran, Amir Syafiq
• Format: Thesis
• Language: English
• Published: 2021
• Subjects: Dividends. Stock dividends. Dividend reinvestment; Profits. Corporate profits
• Online Access: https://ir.uitm.edu.my/id/eprint/106373/1/106373.pdf; https://ir.uitm.edu.my/id/eprint/106373/

This paper investigates the factors influencing the dividend policy of the Bursa Malaysia among 292 firms. The dividend policy framework involves influences from equity, sales, and leverage. In this report, four factors should be prioritized: liquidity, profitability, sales growth, and debt. The aim of this investigation was to examine the relationships between any aspect and the explanatory variable, namely the dividend payout ratio, in order to determine the dividend policy. Dividend policy is an important subject in corporate finance because of its significant impact on expenditure and funding decisions. Furthermore, individuals or investors would be more appreciative of this study because they would gain more information about which firm is more important to invest in. This study selected 292 companies from the Bursa Malaysia, including five years of annual report results, for a total assessment of 1460. According to the findings of this report, only business financial leverage and liquidity, plays a negative role in deciding dividend policy, while profitability and growth play a positive role in shaping the company's dividend policy. Limitation is always a part in any research paper.