UUM Electronic Theses and Dissertation
UUM ETD | Universiti Utara Malaysian Electronic Theses and Dissertation
FAQs | Feedback | Search Tips | Sitemap

Determinants of dividend policy in Malaysian banking sector

Liew, Ka Lim (2013) Determinants of dividend policy in Malaysian banking sector. Masters thesis, Universiti Utara Malaysia.

[thumbnail of s810203.pdf]
Preview
Text
s810203.pdf

Download (875kB) | Preview
[thumbnail of s810203_abstract.pdf]
Preview
Text
s810203_abstract.pdf

Download (699kB) | Preview

Abstract

The purpose of this study is to examine the factors that influence dividend policy in the Malaysian banking sector. For this purpose, a sample of 19 commercial banks in Malaysia were selected including eight domestic banks and eleven foreign banks. Ordinary Least Squares (OLS) Regression was used to examine the impact of leverage, profitability, liquidity, past dividend, size of firm, sales growth, corporate tax, and business risk on dividend policy in the banking sector over a period of five years from 2007 to 2011. The empirical results of this study show that profitability, liquidity, past dividend, size of firm, and sales growth have a positive relationship with dividend payout. Meanwhile, leverage, corporate tax and
business risk have a negative relationship with dividend payout. The results of the analysis indicated that profitability, past dividend, size of firm and corporate tax were the major factors that affected dividend payment decision. Furthermore, we found that domestic banks had higher dividend payout than foreign banks

Item Type: Thesis (Masters)
Supervisor : Idris, Faoziah
Item ID: 5163
Uncontrolled Keywords: Dividend policy, Dividend payout, Banking sector
Subjects: H Social Sciences > HG Finance
Divisions: Othman Yeop Abdullah Graduate School of Business
Date Deposited: 11 Nov 2015 03:47
Last Modified: 06 Oct 2022 06:52
Department: Othman Yeop Abdullah Graduate School of Business
Name: Idris, Faoziah
URI: https://etd.uum.edu.my/id/eprint/5163

Actions (login required)

View Item
View Item