Determinants Of Changes Dividend Behavior Policy: Evidence From The Amman Stock Exchange
AbstractDividend policy is one of the most intriguing topics in financial research. Even now, economists provide considerable attention and thought to solving the dividend puzzle, resulting in a large number of conflicting hypotheses, theories and explanations. This paper aims to determine the dividend policies of the 60 industrial firms listed on the Amman stock exchanges (ASE) for the period of 2005-2009, and to explain their dividend payment behavior. This study used the tobit regression analysis, and logit regression analysis, and hence the random effects tobit/logit models are favorable than the pooled models. The paper finds that the dividend policy in Jordan as a developing country is influenced by factors similar to those relating to developed countries.
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Bibliographic InfoArticle provided by Far East Research Centre in its journal Far East Journal of Marketing and Management.
Volume (Year): 2 No 2 Paper 1 August (2012)
Issue (Month): 1 (August)
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Web page: http://www.fareastjournals.com/journal_detail.aspx?jid=22
Dividend Policy; Corporate Leverage; Agency Theory;
Other versions of this item:
- Dr. Faris Nasif AL- Shubiri, 2011. "Determinants of Changes Dividend Behavior Policy: Evidence from the Amman Stock Exchange," Far East Journal of Psychology and Business, Far East Research Centre, vol. 4(1), pages 1-15, August.
- M1 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration
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