The impacts of corporate governance towards the firms' dividend payout ratio / Maslinda Khairuzzaman

Corporate governance plays an important role to boost the confidence of investors and other participants in capital markets. Generally, it is a system that directs and controls the distribution of responsibilities and rights among a firm's stakeholders. Dividend is considered as a reward for pr...

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Main Author:	Khairuzzaman, Maslinda
Format:	Thesis
Language:	English
Published:	2018
Subjects:	Malaysia
Online Access:	https://ir.uitm.edu.my/id/eprint/59033/1/59033.pdf
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id	my-uitm-ir.59033
record_format	uketd_dc
spelling	my-uitm-ir.590332022-05-29T14:58:48Z The impacts of corporate governance towards the firms' dividend payout ratio / Maslinda Khairuzzaman 2018 Khairuzzaman, Maslinda Malaysia Dividends. Stock dividends. Dividend reinvestment Stock exchanges. Insider trading in securities Corporate governance plays an important role to boost the confidence of investors and other participants in capital markets. Generally, it is a system that directs and controls the distribution of responsibilities and rights among a firm's stakeholders. Dividend is considered as a reward for providing finances to a firm, as without any dividend, shares would not be valuable. The issue of corporate governance has always been an essential and critical element for both private and public sectors in Malaysia. Malaysia's Prime Minister has even emphasized for more concentration on the corporate governance related issues. He argued the need of the firms in the country to benchmark to an effective system that could enhance the quality of good corporate management practice. Besides, dividend payout ratio will subject the firms to be examined by capital market in order to secure more capital for expansion. Good corporate governance is believed to be a key factor in order to enhance firms' dividend payout ratio and maximize the shareholders' wealth. This research analyses dividend payout ratio as the dependent variable. Meanwhile, the independent variables are board size, outside directors proportion, managerial ownership, ownership concentration and board meeting frequency. This research uses a sample of 10 companies in finance sectors that listed in Bursa Malaysia. All data of the variables are taken from the firms' Annual Report that published in Bursa Malaysia and cover a period of 7 years from 2010 to 2016. As the research methodologies, this study uses panel data analysis, descriptive analysis, correlation analysis, multiple regression analysis by using pooled ordinary least squares (OLS) method and assumption tests. It finds that all the independent variables of corporate governance have relationship with the firms' dividend payout ratio. 2018 Thesis https://ir.uitm.edu.my/id/eprint/59033/ https://ir.uitm.edu.my/id/eprint/59033/1/59033.pdf text en public degree UiTM Cawangan Johor Faculty of Business and Management Hassan, Suzana Mohamed Yousop, Nur Liyana
institution	Universiti Teknologi MARA
collection	UiTM Institutional Repository
language	English
advisor	Hassan, Suzana Mohamed Yousop, Nur Liyana
topic	Malaysia Malaysia Malaysia
spellingShingle	Malaysia Malaysia Malaysia Khairuzzaman, Maslinda The impacts of corporate governance towards the firms' dividend payout ratio / Maslinda Khairuzzaman
description	Corporate governance plays an important role to boost the confidence of investors and other participants in capital markets. Generally, it is a system that directs and controls the distribution of responsibilities and rights among a firm's stakeholders. Dividend is considered as a reward for providing finances to a firm, as without any dividend, shares would not be valuable. The issue of corporate governance has always been an essential and critical element for both private and public sectors in Malaysia. Malaysia's Prime Minister has even emphasized for more concentration on the corporate governance related issues. He argued the need of the firms in the country to benchmark to an effective system that could enhance the quality of good corporate management practice. Besides, dividend payout ratio will subject the firms to be examined by capital market in order to secure more capital for expansion. Good corporate governance is believed to be a key factor in order to enhance firms' dividend payout ratio and maximize the shareholders' wealth. This research analyses dividend payout ratio as the dependent variable. Meanwhile, the independent variables are board size, outside directors proportion, managerial ownership, ownership concentration and board meeting frequency. This research uses a sample of 10 companies in finance sectors that listed in Bursa Malaysia. All data of the variables are taken from the firms' Annual Report that published in Bursa Malaysia and cover a period of 7 years from 2010 to 2016. As the research methodologies, this study uses panel data analysis, descriptive analysis, correlation analysis, multiple regression analysis by using pooled ordinary least squares (OLS) method and assumption tests. It finds that all the independent variables of corporate governance have relationship with the firms' dividend payout ratio.
format	Thesis
qualification_level	Bachelor degree
author	Khairuzzaman, Maslinda
author_facet	Khairuzzaman, Maslinda
author_sort	Khairuzzaman, Maslinda
title	The impacts of corporate governance towards the firms' dividend payout ratio / Maslinda Khairuzzaman
title_short	The impacts of corporate governance towards the firms' dividend payout ratio / Maslinda Khairuzzaman
title_full	The impacts of corporate governance towards the firms' dividend payout ratio / Maslinda Khairuzzaman
title_fullStr	The impacts of corporate governance towards the firms' dividend payout ratio / Maslinda Khairuzzaman
title_full_unstemmed	The impacts of corporate governance towards the firms' dividend payout ratio / Maslinda Khairuzzaman
title_sort	impacts of corporate governance towards the firms' dividend payout ratio / maslinda khairuzzaman
granting_institution	UiTM Cawangan Johor
granting_department	Faculty of Business and Management
publishDate	2018
url	https://ir.uitm.edu.my/id/eprint/59033/1/59033.pdf
_version_	1783735011104522240

The impacts of corporate governance towards the firms' dividend payout ratio / Maslinda Khairuzzaman

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