The determinants of dividend policy on property and construction companies listed in Malaysia / Sahaida Laily Md Hashim

This study was attempted to identify the determinants dividend policy on property and construction companies in Malaysia. The dependent variable in this study is dividend paid out ratio while liquidity, profitability, leverage and size of company represent the independent variables for this study. A...

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Bibliographic Details
Main Author: Md Hashim, Sahaida Laily
Format: Thesis
Language:English
Published: 2013
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/92766/1/92766.pdf
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Summary:This study was attempted to identify the determinants dividend policy on property and construction companies in Malaysia. The dependent variable in this study is dividend paid out ratio while liquidity, profitability, leverage and size of company represent the independent variables for this study. All the data is collected from Osiris Website and it is contain data from 128 companies comprising those two different sectors of companies. All the data also recorded on yearly basis for 15 years, from year 1998 to 2012. Other than that, this study was being tested using Ordinary Least Square Regression (OLS), Random Effect (Breusch Pagan Test), Fixed Effect (Hausman Fixed Effect) and Random Effect Generalized Lease Square Regression (GLS) in order to analyze all the data. The finding shows that leverage and size of firm are not significant with dividend paid out ratio, however other variables which are liquidity and profitability shows a significant relationship with dividend paid out ratio.