Impact of large investors on firm dividend policy

Impact of large investors on firm dividend policy

Block holders have significant impacts on the firm’s policies, especially strategies regarding the payout policy. The purpose of this study is to investigate the relationship between ownership structure and firm dividend policy considering the role of block investors in the companies listed in TSE....

Full description

Bibliographic Details
Main Authors: Zandi Pour Joopari, GholamReza, Shahabi, Alireza, Naysary, Babak
Format: Conference or Workshop Item
Language:English
Published: 2013
Subjects:
HG4001 Financial management. Business finance. Corporation finance.
Online Access:http://irep.iium.edu.my/32576/
http://irep.iium.edu.my/32576/
http://irep.iium.edu.my/32576/1/ICEFMO-Conference_Proceeding.pdf
id iium-32576
recordtype eprints
spelling iium-325762013-11-06T04:58:40Z http://irep.iium.edu.my/32576/ Impact of large investors on firm dividend policy Zandi Pour Joopari, GholamReza Shahabi, Alireza Naysary, Babak HG4001 Financial management. Business finance. Corporation finance. Block holders have significant impacts on the firm’s policies, especially strategies regarding the payout policy. The purpose of this study is to investigate the relationship between ownership structure and firm dividend policy considering the role of block investors in the companies listed in TSE. We selected 37 public listed companies with state block holders and match them with almost similar companies with non-state block holders in 2012. Running a multiple regression, we found that there is a positive relationship between both types of block holders and firm’s dividend policy. These results support the tax-based hypothesis. 2013-10-05 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/32576/1/ICEFMO-Conference_Proceeding.pdf Zandi Pour Joopari, GholamReza and Shahabi, Alireza and Naysary, Babak (2013) Impact of large investors on firm dividend policy. In: International Conference on Economic, Finance and Management Outlooks, 5-6 Oct 2013, Pearl International Hotel, Kuala Lumpur. http://www.pakinsight.com/
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic HG4001 Financial management. Business finance. Corporation finance.
spellingShingle HG4001 Financial management. Business finance. Corporation finance.
Zandi Pour Joopari, GholamReza
Shahabi, Alireza
Naysary, Babak
Impact of large investors on firm dividend policy
description Block holders have significant impacts on the firm’s policies, especially strategies regarding the payout policy. The purpose of this study is to investigate the relationship between ownership structure and firm dividend policy considering the role of block investors in the companies listed in TSE. We selected 37 public listed companies with state block holders and match them with almost similar companies with non-state block holders in 2012. Running a multiple regression, we found that there is a positive relationship between both types of block holders and firm’s dividend policy. These results support the tax-based hypothesis.
format Conference or Workshop Item
author Zandi Pour Joopari, GholamReza
Shahabi, Alireza
Naysary, Babak
author_facet Zandi Pour Joopari, GholamReza
Shahabi, Alireza
Naysary, Babak
author_sort Zandi Pour Joopari, GholamReza
title Impact of large investors on firm dividend policy
title_short Impact of large investors on firm dividend policy
title_full Impact of large investors on firm dividend policy
title_fullStr Impact of large investors on firm dividend policy
title_full_unstemmed Impact of large investors on firm dividend policy
title_sort impact of large investors on firm dividend policy
publishDate 2013
url http://irep.iium.edu.my/32576/
http://irep.iium.edu.my/32576/
http://irep.iium.edu.my/32576/1/ICEFMO-Conference_Proceeding.pdf
first_indexed 2023-09-18T20:47:00Z
last_indexed 2023-09-18T20:47:00Z
_version_ 1777409742085292032

Similar Items