The impact of cash flows and earnings on dividend : evidence from Southeast Asia countries / Khairul Anuar Kamardin, Mohd Shatari Abdul Ghafar and Wan Adibah Wan Ismail
The purpose of this research is to examine the impact of cash flows and earnings in setting the dividend policy in Malaysia, Singapore, Indonesia, Thailand and the Philippines. A total of JJ3J companies from the years 200 J-2003 were tested in this research. The research found that about 38 percent...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Institute of Research, Development and Commercialization (IRDC)
2006
|
| Subjects: | |
| Online Access: | https://ir.uitm.edu.my/id/eprint/12970/ |
| _version_ | 1848803211668881408 |
|---|---|
| author | Kamardin, Khairul Anuar Abdul Ghafar, Mohd Shatari Wan Ismail, Wan Adibah |
| author_facet | Kamardin, Khairul Anuar Abdul Ghafar, Mohd Shatari Wan Ismail, Wan Adibah |
| author_sort | Kamardin, Khairul Anuar |
| building | UiTM Institutional Repository |
| collection | Online Access |
| description | The purpose of this research is to examine the impact of cash flows and earnings in setting the dividend policy in Malaysia, Singapore, Indonesia, Thailand and the Philippines. A total of JJ3J companies from the years 200 J-2003 were tested in this research. The research found that about 38 percent of the sample reported either losses reduced or omitted dividends. In contrast, only 35 percent of the J066 companies did not report losses reduced or omitted dividends. The results found that changes of earnings is significantly associated with dividend changesfor all sample companies. However, the research found
that the level of cash flows is not significant in explaining the dividend changes in Malaysia, Singapore, Indonesia, Thailand and the Philippines. On the other hand, the cashflows arefound to be significant in explaining the dividend change in all current operaling earnings and cash flows are found to have information content in predicting future earnings for all the sample companies. However, this research can only give earnings in Thailand and not in other
countries. |
| first_indexed | 2025-11-14T21:35:39Z |
| format | Article |
| id | uitm-12970 |
| institution | Universiti Teknologi MARA |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T21:35:39Z |
| publishDate | 2006 |
| publisher | Institute of Research, Development and Commercialization (IRDC) |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | uitm-129702016-06-09T16:20:55Z https://ir.uitm.edu.my/id/eprint/12970/ The impact of cash flows and earnings on dividend : evidence from Southeast Asia countries / Khairul Anuar Kamardin, Mohd Shatari Abdul Ghafar and Wan Adibah Wan Ismail smrj Kamardin, Khairul Anuar Abdul Ghafar, Mohd Shatari Wan Ismail, Wan Adibah Cash position. Cash management Dividends. Stock dividends. Dividend reinvestment Malaysia The purpose of this research is to examine the impact of cash flows and earnings in setting the dividend policy in Malaysia, Singapore, Indonesia, Thailand and the Philippines. A total of JJ3J companies from the years 200 J-2003 were tested in this research. The research found that about 38 percent of the sample reported either losses reduced or omitted dividends. In contrast, only 35 percent of the J066 companies did not report losses reduced or omitted dividends. The results found that changes of earnings is significantly associated with dividend changesfor all sample companies. However, the research found that the level of cash flows is not significant in explaining the dividend changes in Malaysia, Singapore, Indonesia, Thailand and the Philippines. On the other hand, the cashflows arefound to be significant in explaining the dividend change in all current operaling earnings and cash flows are found to have information content in predicting future earnings for all the sample companies. However, this research can only give earnings in Thailand and not in other countries. Institute of Research, Development and Commercialization (IRDC) 2006 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/12970/1/AJ_KHAIRUL%20ANUAR%20KAMARDIN%20SMRJ%2006%201.pdf Kamardin, Khairul Anuar and Abdul Ghafar, Mohd Shatari and Wan Ismail, Wan Adibah (2006) The impact of cash flows and earnings on dividend : evidence from Southeast Asia countries / Khairul Anuar Kamardin, Mohd Shatari Abdul Ghafar and Wan Adibah Wan Ismail. (2006) Social and Management Research Journal (SMRJ) <https://ir.uitm.edu.my/view/publication/Social_and_Management_Research_Journal_=28SMRJ=29.html>, 3 (1). pp. 25-46. ISSN 1675-7017 https://smrj.uitm.edu.my/ |
| spellingShingle | Cash position. Cash management Dividends. Stock dividends. Dividend reinvestment Malaysia Kamardin, Khairul Anuar Abdul Ghafar, Mohd Shatari Wan Ismail, Wan Adibah The impact of cash flows and earnings on dividend : evidence from Southeast Asia countries / Khairul Anuar Kamardin, Mohd Shatari Abdul Ghafar and Wan Adibah Wan Ismail |
| title | The impact of cash flows and earnings on dividend : evidence from Southeast Asia countries / Khairul Anuar Kamardin, Mohd Shatari Abdul Ghafar and Wan Adibah Wan Ismail |
| title_full | The impact of cash flows and earnings on dividend : evidence from Southeast Asia countries / Khairul Anuar Kamardin, Mohd Shatari Abdul Ghafar and Wan Adibah Wan Ismail |
| title_fullStr | The impact of cash flows and earnings on dividend : evidence from Southeast Asia countries / Khairul Anuar Kamardin, Mohd Shatari Abdul Ghafar and Wan Adibah Wan Ismail |
| title_full_unstemmed | The impact of cash flows and earnings on dividend : evidence from Southeast Asia countries / Khairul Anuar Kamardin, Mohd Shatari Abdul Ghafar and Wan Adibah Wan Ismail |
| title_short | The impact of cash flows and earnings on dividend : evidence from Southeast Asia countries / Khairul Anuar Kamardin, Mohd Shatari Abdul Ghafar and Wan Adibah Wan Ismail |
| title_sort | impact of cash flows and earnings on dividend : evidence from southeast asia countries / khairul anuar kamardin, mohd shatari abdul ghafar and wan adibah wan ismail |
| topic | Cash position. Cash management Dividends. Stock dividends. Dividend reinvestment Malaysia |
| url | https://ir.uitm.edu.my/id/eprint/12970/ https://ir.uitm.edu.my/id/eprint/12970/ |