Determinants of the Dividend Policy: Evidence from FTSE 350

Cao, Lu (2012) Determinants of the Dividend Policy: Evidence from FTSE 350. [Dissertation (University of Nottingham only)] (Unpublished)

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Abstract

The aim of this research is to find out the determinants of dividend policy for non-financial companies that listed on FTSE 350 during the year 2002 to 2011. There are eight variables that be covered in this paper, which are free cash flow, assets structure, firm size, leverage ratio, growth rate, profitability, dividend stability and industry type. DataStream and Forecasting Analysis and Modelling Environment (FAME) were used to collect data for this research. Both random and fixed effects are considered in this paper. Based on the outcomes from the sample of 219 firms, free cash flow, assets structure, leverage ratio, growth rate and dividend stability are the significant factors that have an impact on the companies’ dividend policy.

Item Type: Dissertation (University of Nottingham only)
Depositing User: EP, Services
Date Deposited: 08 Apr 2013 10:34
Last Modified: 02 Feb 2018 16:44
URI: https://eprints.nottingham.ac.uk/id/eprint/25588

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