Explanation for dividend payout policies of listed firms in Nigeria: Macroeconomic factor or firm specific characteristics

Simple item page
dc.contributor.authorAbdulkadir, Rihanat Idowu
dc.contributor.authorIjaiya, Muftau A.
dc.contributor.authorBaffa, A.M
dc.date.accessioned2021-02-17T12:47:57Z
dc.date.available2021-02-17T12:47:57Z
dc.date.issued2012
dc.description.abstractThis study was carried out to investigate whether macroeconomic factor (proxied by inflation) affects dividend payout of firms while controlling for firm specific characteristics. Data was obtained from Datastream (worldscope database) on a final sample of sixty- four companies. Results from random effect regression indicates that inflation has no significant effect on dividend payout of listed firms in Nigeria. Profitability and investment were found to be significant in explaining dividend payout. The study concludes that some of the firms are not paying dividends due to the need to explore viable investment opportunities. Thus, it was recommended that investors should be carried along on the justification for which the firm omits or cut dividend to avoid negative impact on firm’s value.en_US
dc.identifier.urihttp://hdl.handle.net/123456789/4355
dc.language.isoenen_US
dc.publisherDepartment of Accounting, University of Josen_US
dc.subjectDividenden_US
dc.subjectPayouten_US
dc.subjectMacroeconomic Factoren_US
dc.subjectFirm Specific Characteristicsen_US
dc.titleExplanation for dividend payout policies of listed firms in Nigeria: Macroeconomic factor or firm specific characteristicsen_US
dc.typeArticleen_US

Files

Original bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
EXPLANATION FOR DIVIDEND PAYOUT POLICIES.pdf
Size:
5.13 MB
Format:
Adobe Portable Document Format
Description:
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.69 KB
Format:
Item-specific license agreed upon to submission
Description:
Download

Collections