Advanced Search
MyIDEAS: Login

The Determinants Of The Dividend Size In Croatia

Contents:

Author Info

  • Kožul, Antonija

    ()
    (Faculty of Economics and Business, University of Zagreb, Croatia)

  • Mihalina, Emil

    (Procurator of Kreditna banka Zegreb, Plc. Zagreb, Croatia)

Abstract

Previous researches identified certain micro-level characteristics of the company as important determinants of dividend level company choose. However, significant differences were noticed in the sensitivity of dividend size on same factors among different countries. This paper empirically examines determinants of the dividend size of Croatian companies. The results show on average significant influence of profitability and debt level on the size of the dividends. Influence of size of the company and stability of profitability/earnings on the dividend size is not statistically confirmed. The reason for high sensitivity of dividend size on the profitability and debt level can be found in high financial constraints under which Croatian companies operate.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://utmsjoe.mk/files/Vol.%204%20No.%202/B7_-_Kozul_-_Mihalina.pdf
File Function: Full text
Download Restriction: no

Bibliographic Info

Article provided by University of Tourism and Management, Skopje, Macedonia in its journal UTMS Journal of Economics.

Volume (Year): 4 (2013)
Issue (Month): 2 ()
Pages: 143-151

as in new window
Handle: RePEc:ris:utmsje:0075

Contact details of provider:
Web page: http://www.utms.edu.mk/
More information through EDIRC

Related research

Keywords: dividends; dividend policy; factors;

Find related papers by JEL classification:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:ris:utmsje:0075. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zoran Ivanovic).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.