A study on determinants of dividend policy in Sarawak based public listed companies

This study attempts to contribute to a controversy on the issue ofdividend policy among the financial community by examining the determinants of dividend policy for Sarawak based companies listed in the Bursa Malaysia. A sample of 13 firms was selected for the period 2002 to 2010 with 108 observatio...

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Main Author: Mohamad Haniz, Bin Osman
Format: Thesis
Language:English
Published: Univerisiti Malaysia Sarawak, (UNIMAS) 2012
Subjects:
Online Access:http://ir.unimas.my/id/eprint/9056/
http://ir.unimas.my/id/eprint/9056/4/A%20Study%20On%20Determinants%20of%20Dividend%20Policy%20In%20Sarawak%20Based%20Public%20Listed%20Companies.pdf
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author Mohamad Haniz, Bin Osman
author_facet Mohamad Haniz, Bin Osman
author_sort Mohamad Haniz, Bin Osman
building UNIMAS Institutional Repository
collection Online Access
description This study attempts to contribute to a controversy on the issue ofdividend policy among the financial community by examining the determinants of dividend policy for Sarawak based companies listed in the Bursa Malaysia. A sample of 13 firms was selected for the period 2002 to 2010 with 108 observations is included in the analysiV The financial data of these companies was analyzed by regressing the net income, free cash flow, total debt, total asset to the dividend yield Based on the results, all selected independent variables had indicated a significant relationship with dividend yield and considered to be the important determinants in the study. A positive association with dividend yield had only been found in the net profit which also consistence with the prediction in the developed hypotheses. Two variables which are the free cash flow and total asset have shown a negative association with dividend yield and inconsistent with the positive sign predicted in the hypotheses.
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institution Universiti Malaysia Sarawak
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spelling unimas-90562025-07-02T03:39:06Z http://ir.unimas.my/id/eprint/9056/ A study on determinants of dividend policy in Sarawak based public listed companies Mohamad Haniz, Bin Osman HG Finance This study attempts to contribute to a controversy on the issue ofdividend policy among the financial community by examining the determinants of dividend policy for Sarawak based companies listed in the Bursa Malaysia. A sample of 13 firms was selected for the period 2002 to 2010 with 108 observations is included in the analysiV The financial data of these companies was analyzed by regressing the net income, free cash flow, total debt, total asset to the dividend yield Based on the results, all selected independent variables had indicated a significant relationship with dividend yield and considered to be the important determinants in the study. A positive association with dividend yield had only been found in the net profit which also consistence with the prediction in the developed hypotheses. Two variables which are the free cash flow and total asset have shown a negative association with dividend yield and inconsistent with the positive sign predicted in the hypotheses. Univerisiti Malaysia Sarawak, (UNIMAS) 2012 Thesis NonPeerReviewed text en http://ir.unimas.my/id/eprint/9056/4/A%20Study%20On%20Determinants%20of%20Dividend%20Policy%20In%20Sarawak%20Based%20Public%20Listed%20Companies.pdf Mohamad Haniz, Bin Osman (2012) A study on determinants of dividend policy in Sarawak based public listed companies. Masters thesis, Universiti Malaysia Sarawak, (UNIMAS).
spellingShingle HG Finance
Mohamad Haniz, Bin Osman
A study on determinants of dividend policy in Sarawak based public listed companies
title A study on determinants of dividend policy in Sarawak based public listed companies
title_full A study on determinants of dividend policy in Sarawak based public listed companies
title_fullStr A study on determinants of dividend policy in Sarawak based public listed companies
title_full_unstemmed A study on determinants of dividend policy in Sarawak based public listed companies
title_short A study on determinants of dividend policy in Sarawak based public listed companies
title_sort study on determinants of dividend policy in sarawak based public listed companies
topic HG Finance
url http://ir.unimas.my/id/eprint/9056/
http://ir.unimas.my/id/eprint/9056/4/A%20Study%20On%20Determinants%20of%20Dividend%20Policy%20In%20Sarawak%20Based%20Public%20Listed%20Companies.pdf