Determinants of dividend policy in Malaysian banking sector

The purpose of this study is to examine the factors that influence dividend policy in the Malaysian banking sector. For this purpose, a sample of 19 commercial banks in Malaysia were selected including eight domestic banks and eleven foreign banks. Ordinary Least Squares (OLS) Regression was used to...

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Main Author:	Liew, Ka Lim
Format:	Thesis
Language:	eng eng
Published:	2013
Subjects:	HG Finance
Online Access:	https://etd.uum.edu.my/5163/1/s810203.pdf https://etd.uum.edu.my/5163/2/s810203_abstract.pdf
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id	my-uum-etd.5163
record_format	uketd_dc
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Idris, Faoziah
topic	HG Finance
spellingShingle	HG Finance Liew, Ka Lim Determinants of dividend policy in Malaysian banking sector
description	The purpose of this study is to examine the factors that influence dividend policy in the Malaysian banking sector. For this purpose, a sample of 19 commercial banks in Malaysia were selected including eight domestic banks and eleven foreign banks. Ordinary Least Squares (OLS) Regression was used to examine the impact of leverage, profitability, liquidity, past dividend, size of firm, sales growth, corporate tax, and business risk on dividend policy in the banking sector over a period of five years from 2007 to 2011. The empirical results of this study show that profitability, liquidity, past dividend, size of firm, and sales growth have a positive relationship with dividend payout. Meanwhile, leverage, corporate tax and business risk have a negative relationship with dividend payout. The results of the analysis indicated that profitability, past dividend, size of firm and corporate tax were the major factors that affected dividend payment decision. Furthermore, we found that domestic banks had higher dividend payout than foreign banks
format	Thesis
qualification_name	masters
qualification_level	Master's degree
author	Liew, Ka Lim
author_facet	Liew, Ka Lim
author_sort	Liew, Ka Lim
title	Determinants of dividend policy in Malaysian banking sector
title_short	Determinants of dividend policy in Malaysian banking sector
title_full	Determinants of dividend policy in Malaysian banking sector
title_fullStr	Determinants of dividend policy in Malaysian banking sector
title_full_unstemmed	Determinants of dividend policy in Malaysian banking sector
title_sort	determinants of dividend policy in malaysian banking sector
granting_institution	Universiti Utara Malaysia
granting_department	Othman Yeop Abdullah Graduate School of Business
publishDate	2013
url	https://etd.uum.edu.my/5163/1/s810203.pdf https://etd.uum.edu.my/5163/2/s810203_abstract.pdf
_version_	1747827875000614912
spelling	my-uum-etd.51632022-10-06T06:52:19Z Determinants of dividend policy in Malaysian banking sector 2013 Liew, Ka Lim Idris, Faoziah Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HG Finance The purpose of this study is to examine the factors that influence dividend policy in the Malaysian banking sector. For this purpose, a sample of 19 commercial banks in Malaysia were selected including eight domestic banks and eleven foreign banks. Ordinary Least Squares (OLS) Regression was used to examine the impact of leverage, profitability, liquidity, past dividend, size of firm, sales growth, corporate tax, and business risk on dividend policy in the banking sector over a period of five years from 2007 to 2011. The empirical results of this study show that profitability, liquidity, past dividend, size of firm, and sales growth have a positive relationship with dividend payout. Meanwhile, leverage, corporate tax and business risk have a negative relationship with dividend payout. The results of the analysis indicated that profitability, past dividend, size of firm and corporate tax were the major factors that affected dividend payment decision. Furthermore, we found that domestic banks had higher dividend payout than foreign banks 2013 Thesis https://etd.uum.edu.my/5163/ https://etd.uum.edu.my/5163/1/s810203.pdf text eng public https://etd.uum.edu.my/5163/2/s810203_abstract.pdf text eng public masters masters Universiti Utara Malaysia Abdulrasheed, A., Adenola, Y. K., & Atanda, A. O. (2011). Determinants of performance: A cross generational analysis of Nigerian banks. European Journal of Social Sciences, 24(4), 458-465. Abor, J., & Bokpin, G. A. (2010). Investment opportunities, corporate finance, and dividend payout policy: Evidence from emerging markets. Studies in Economics and Finance, 27(3), 180-194. Abreu, J. F., & Gulamhussen, M. A. (2013). 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Determinants of dividend policy in Malaysian banking sector

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