The Investigation of The Determinants of Dividend Payout in Malaysia: Impact of Covid-19 Pandemics

This study investigates the impact of profitability, debt, firm size and impact of different type of substantial shareholder (government and foreign) to the dividend payout by 365 dividend initiator from 813 firms of public listed company excluding banking sector in Malaysia during pandemic Covid-19...

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Main Author: Mohamad Haikal, Abd Rahim
Format: Thesis
Language:eng
eng
Published: 2022
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Online Access:https://etd.uum.edu.my/11126/1/depositpermission-824424.pdf
https://etd.uum.edu.my/11126/2/s824424_01.pdf
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spelling my-uum-etd.111262024-05-27T03:11:37Z The Investigation of The Determinants of Dividend Payout in Malaysia: Impact of Covid-19 Pandemics 2022 Mohamad Haikal, Abd Rahim Ooi, Chai Aun School of Economics, Finance & Banking School of Economics, Finance and Banking HG Finance This study investigates the impact of profitability, debt, firm size and impact of different type of substantial shareholder (government and foreign) to the dividend payout by 365 dividend initiator from 813 firms of public listed company excluding banking sector in Malaysia during pandemic Covid-19. The result revealed the determinants had slightly difference before and during the pandemic period. Before pandemic period in 2019, the firms size and concentration foreign shareholding are positive significant while leverage is negative significant. However, during pandemic period in 2020, profitability had added with a group of firms size and concentration foreign shareholding to be positively significant and leverage maintain to be negative significant. The changes are driven by healthiest of cash flows of the firms. That because during pandemic all business operation were disrupted and causing some business sectors unable to be operate due to proactive action taken by government in order to outbreaks of Covid-19 transmission. The findings from this research are important to investors to select the firms that has stable dividend payout during crisis period based on determinants that was obtained during different period of time. The data is acquired through Thomson Reuters DataStream from year 2019 to 2020. Descriptive statistics are used to compile a data package that reflects a population or a sample by understanding the short descriptive coefficients. The correlation analysis is conducted to identify the strength and direction of the linear connection of the structure. The study does multiple regression analysis and a specification of a fixed effect. In this study, the Vector Inflation Factors(VIF) addressed the multicollinearity issues between independent variables. 2022 Thesis https://etd.uum.edu.my/11126/ https://etd.uum.edu.my/11126/1/depositpermission-824424.pdf text eng staffonly https://etd.uum.edu.my/11126/2/s824424_01.pdf text eng public other masters Universiti Utara Malaysia
institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
advisor Ooi, Chai Aun
topic HG Finance
spellingShingle HG Finance
Mohamad Haikal, Abd Rahim
The Investigation of The Determinants of Dividend Payout in Malaysia: Impact of Covid-19 Pandemics
description This study investigates the impact of profitability, debt, firm size and impact of different type of substantial shareholder (government and foreign) to the dividend payout by 365 dividend initiator from 813 firms of public listed company excluding banking sector in Malaysia during pandemic Covid-19. The result revealed the determinants had slightly difference before and during the pandemic period. Before pandemic period in 2019, the firms size and concentration foreign shareholding are positive significant while leverage is negative significant. However, during pandemic period in 2020, profitability had added with a group of firms size and concentration foreign shareholding to be positively significant and leverage maintain to be negative significant. The changes are driven by healthiest of cash flows of the firms. That because during pandemic all business operation were disrupted and causing some business sectors unable to be operate due to proactive action taken by government in order to outbreaks of Covid-19 transmission. The findings from this research are important to investors to select the firms that has stable dividend payout during crisis period based on determinants that was obtained during different period of time. The data is acquired through Thomson Reuters DataStream from year 2019 to 2020. Descriptive statistics are used to compile a data package that reflects a population or a sample by understanding the short descriptive coefficients. The correlation analysis is conducted to identify the strength and direction of the linear connection of the structure. The study does multiple regression analysis and a specification of a fixed effect. In this study, the Vector Inflation Factors(VIF) addressed the multicollinearity issues between independent variables.
format Thesis
qualification_name other
qualification_level Master's degree
author Mohamad Haikal, Abd Rahim
author_facet Mohamad Haikal, Abd Rahim
author_sort Mohamad Haikal, Abd Rahim
title The Investigation of The Determinants of Dividend Payout in Malaysia: Impact of Covid-19 Pandemics
title_short The Investigation of The Determinants of Dividend Payout in Malaysia: Impact of Covid-19 Pandemics
title_full The Investigation of The Determinants of Dividend Payout in Malaysia: Impact of Covid-19 Pandemics
title_fullStr The Investigation of The Determinants of Dividend Payout in Malaysia: Impact of Covid-19 Pandemics
title_full_unstemmed The Investigation of The Determinants of Dividend Payout in Malaysia: Impact of Covid-19 Pandemics
title_sort investigation of the determinants of dividend payout in malaysia: impact of covid-19 pandemics
granting_institution Universiti Utara Malaysia
granting_department School of Economics, Finance & Banking
publishDate 2022
url https://etd.uum.edu.my/11126/1/depositpermission-824424.pdf
https://etd.uum.edu.my/11126/2/s824424_01.pdf
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