Test of the Implication of Life Cycle Theory of Dividend among Firms Listed on the Nigerian Stock Exchange

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dc.contributor.authorAbdulkadir, Rihanat Idowu
dc.contributor.authorAbdullahi, Ibrahim Bello
dc.contributor.authorIbrahim, K.F.A.
dc.date.accessioned2021-02-17T13:01:49Z
dc.date.available2021-02-17T13:01:49Z
dc.date.issued2014
dc.description.abstractOne of the recent explanations on dividend payout policies is the lifecycle theory of dividend. The theory argues that the stage of a firm in its financial life cycle is a major determinant of the firm's payout policy. However, the implications of the theory remain uncertain in the Nigerian context due to lack of empirical evidence in this regard. The main aim of this study is to examine whether the life cycle theory explains dividend payout policies of firms listed on the Nigerian Stock Exchange. To achieve this objective, firm level data were extracted from Thomson Reuter's Worldscope Database (Datastream).en_US
dc.identifier.urihttp://hdl.handle.net/123456789/4373
dc.language.isoenen_US
dc.publisherDepartment of Accounting, Adamawa State University, Mubien_US
dc.relation.ispartofseries3;3&4
dc.subjectDividenden_US
dc.subjectLifecycleen_US
dc.subjectRetained Earningsen_US
dc.subjectTotal Equityen_US
dc.titleTest of the Implication of Life Cycle Theory of Dividend among Firms Listed on the Nigerian Stock Exchangeen_US
dc.typeArticleen_US

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