The dividend strategy of Indian companies: An empirical assessment

Ghosh, Saibal (2010): The dividend strategy of Indian companies: An empirical assessment. Published in: Artha Vijnana , Vol. 52, No. 2 (June 2010)

Abstract

The paper uses firms across different ownership categories to examine the factors influencing dividend policy. The results suggest that bigger, mature and low-leveraged firms tend to pay more dividends. As well, the findings suggest that bigger, less profitable and high-leveraged firms are more likely to initiate a dividend cut.

• Item Type: MPRA Paper
• Language: English
• Keywords: dividend strategy; leverage; firm size; manufacturing; India
• Subjects: G - Financial Economics > G3 - Corporate Finance and Governance > G35 - Payout Policy; C - Mathematical and Quantitative Methods > C3 - Multiple or Simultaneous Equation Models ; Multiple Variables > C33 - Panel Data Models ; Spatio-temporal Models; P - Economic Systems > P5 - Comparative Economic Systems > P52 - Comparative Studies of Particular Economies

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