Dividend behaviour of public listed firm in Malaysia

The Malaysian financial market is governed and regulated by the Bursa Malaysia Berhad, an indicator of Malaysian financial market. Dividend policy in Malaysian companies is often inflexible as most of the firms are unwilling to cut or keep away from omitting dividend even when the company's ear...

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Main Author: Norhisam, Yusoff
Format: Thesis
Language:eng
eng
Published: 2014
Subjects:
Online Access:https://etd.uum.edu.my/4170/1/s810235.pdf
https://etd.uum.edu.my/4170/2/s810235_abstract.pdf
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id my-uum-etd.4170
record_format uketd_dc
institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
advisor Mazlan, Ahmad Rizal
topic HG Finance
spellingShingle HG Finance
Norhisam, Yusoff
Dividend behaviour of public listed firm in Malaysia
description The Malaysian financial market is governed and regulated by the Bursa Malaysia Berhad, an indicator of Malaysian financial market. Dividend policy in Malaysian companies is often inflexible as most of the firms are unwilling to cut or keep away from omitting dividend even when the company's earnings are falling. This research examined whether there are any correlation between earnings, firm's size and liquidity against dividend. This research used data from companies from seven different selected sectors covering over period of six years from 2007 to 2012. From the results obtained, this research confirms that profitability, sizes and liquidity are the important determinants of dividend payment in Malaysia and the influence of industry on payout decision. The companies studied appear to be reluctant to omit dividend even when they suffers losse
format Thesis
qualification_name masters
qualification_level Master's degree
author Norhisam, Yusoff
author_facet Norhisam, Yusoff
author_sort Norhisam, Yusoff
title Dividend behaviour of public listed firm in Malaysia
title_short Dividend behaviour of public listed firm in Malaysia
title_full Dividend behaviour of public listed firm in Malaysia
title_fullStr Dividend behaviour of public listed firm in Malaysia
title_full_unstemmed Dividend behaviour of public listed firm in Malaysia
title_sort dividend behaviour of public listed firm in malaysia
granting_institution Universiti Utara Malaysia
granting_department Othman Yeop Abdullah Graduate School of Business
publishDate 2014
url https://etd.uum.edu.my/4170/1/s810235.pdf
https://etd.uum.edu.my/4170/2/s810235_abstract.pdf
_version_ 1747827692492816384
spelling my-uum-etd.41702021-04-01T06:54:22Z Dividend behaviour of public listed firm in Malaysia 2014-05 Norhisam, Yusoff Mazlan, Ahmad Rizal Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HG Finance The Malaysian financial market is governed and regulated by the Bursa Malaysia Berhad, an indicator of Malaysian financial market. Dividend policy in Malaysian companies is often inflexible as most of the firms are unwilling to cut or keep away from omitting dividend even when the company's earnings are falling. This research examined whether there are any correlation between earnings, firm's size and liquidity against dividend. This research used data from companies from seven different selected sectors covering over period of six years from 2007 to 2012. From the results obtained, this research confirms that profitability, sizes and liquidity are the important determinants of dividend payment in Malaysia and the influence of industry on payout decision. The companies studied appear to be reluctant to omit dividend even when they suffers losse 2014-05 Thesis https://etd.uum.edu.my/4170/ https://etd.uum.edu.my/4170/1/s810235.pdf text eng public https://etd.uum.edu.my/4170/2/s810235_abstract.pdf text eng public masters masters Universiti Utara Malaysia Anderson, Hamish D., Chi, Jing,Ing-aram, Chayot and Liang, Lu(2010) Stock Dividend Puzzles in China. Massey U. College of Business Research Paper No. 16. Abdulrahman (2007), Dividend Policy and Payout Ratio: Evidence from Kuala Lumpur Stock Exchange, TheJournal of Risk Finance, Vol. 8 No. 4 pp. 349-363. AlonBrav, John R.Graham, Campbell R. Harvey and RoniMichaely (2004), “Payout Policy in the 21st Century”. 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