The relationship between transaction costs Of external financing and dividend Policy: evidence from Malaysia
The presence of transaction costs calls for the emphasis to be given to residual dividend policy, a policy that attempts to minimise transaction costs of external financing by accommodating capital expenditure financing requirement in companies’ dividend policy. In Malaysia, dividend increases are o...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Universiti Utara Malaysia
2008
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| Subjects: | |
| Online Access: | http://repo.uum.edu.my/27044/1/IJMS15%201%202008%20%2071%2083.pdf http://repo.uum.edu.my/27044/ http://e-journal.uum.edu.my/index.php/ijms/article/view/9865 |
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