Individual investors perception of dividends: Pakistan’s percpective
AbstractThis research paper argue that there exists a strong preference for dividends among investors. The main purpose is to find the factors that lead individual investors to reveal their preference for either cash or stock dividends. The most important dividend theories are employed to test the behavior of Pakistani individual investors towards dividends. The results reveal strong evidence that individual investors in Pakistan want dividends either in the form of cash or stocks. They also have a strong preference for dividend even if a company has to pay it by borrowing.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 40682.
Date of creation: 2011
Date of revision:
Publication status: Published in ACTUAL PROBLEMS OF ECONOMIICS 4.2(2012): pp. 193-199
cash dividend; stock dividend; dividend theories; behavioral finance; investor perception;
Find related papers by JEL classification:
- E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
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