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Effect of State Ownership on Firm Performance and Dividend Payout Policy

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  • Mojtba Rafiei
  • Seyede Atefe Hosseni Far

Abstract

This study aims to investigate impact of state ownership on firm performance and dividend policy in context of Iran. An analysis has been made as evidence taking sample of listed non-financing firms from the Tehran Stock Exchange (TSE). Our sample consists of non-financial firms listed on Tehran stock exchange between 2009 and 2011. Our results direct that state ownership has a positive and significant relationship with firm's performance and dividend payout.

Suggested Citation

  • Mojtba Rafiei & Seyede Atefe Hosseni Far, 2014. "Effect of State Ownership on Firm Performance and Dividend Payout Policy," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 4(7), pages 213-219, July.
    • Handle: RePEc:hur:ijarbs:v:4:y:2014:i:7:p:213-219
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    References listed on IDEAS

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