The impacts of corporate governance towards the firms' dividend payout ratio / Maslinda Khairuzzaman
Corporate governance plays an important role to boost the confidence of investors and other participants in capital markets. Generally, it is a system that directs and controls the distribution of responsibilities and rights among a firm's stakeholders. Dividend is considered as a reward for pr...
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my.uitm.ir.590332022-05-29T14:58:48Z https://ir.uitm.edu.my/id/eprint/59033/ The impacts of corporate governance towards the firms' dividend payout ratio / Maslinda Khairuzzaman Khairuzzaman, Maslinda Malaysia Dividends. Stock dividends. Dividend reinvestment Stock exchanges. Insider trading in securities Corporate governance plays an important role to boost the confidence of investors and other participants in capital markets. Generally, it is a system that directs and controls the distribution of responsibilities and rights among a firm's stakeholders. Dividend is considered as a reward for providing finances to a firm, as without any dividend, shares would not be valuable. The issue of corporate governance has always been an essential and critical element for both private and public sectors in Malaysia. Malaysia's Prime Minister has even emphasized for more concentration on the corporate governance related issues. He argued the need of the firms in the country to benchmark to an effective system that could enhance the quality of good corporate management practice. Besides, dividend payout ratio will subject the firms to be examined by capital market in order to secure more capital for expansion. Good corporate governance is believed to be a key factor in order to enhance firms' dividend payout ratio and maximize the shareholders' wealth. This research analyses dividend payout ratio as the dependent variable. Meanwhile, the independent variables are board size, outside directors proportion, managerial ownership, ownership concentration and board meeting frequency. This research uses a sample of 10 companies in finance sectors that listed in Bursa Malaysia. All data of the variables are taken from the firms' Annual Report that published in Bursa Malaysia and cover a period of 7 years from 2010 to 2016. As the research methodologies, this study uses panel data analysis, descriptive analysis, correlation analysis, multiple regression analysis by using pooled ordinary least squares (OLS) method and assumption tests. It finds that all the independent variables of corporate governance have relationship with the firms' dividend payout ratio. 2018 Thesis NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/59033/1/59033.pdf (2018) The impacts of corporate governance towards the firms' dividend payout ratio / Maslinda Khairuzzaman. Degree thesis, thesis, UiTM Cawangan Johor. |
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Malaysia Dividends. Stock dividends. Dividend reinvestment Stock exchanges. Insider trading in securities Khairuzzaman, Maslinda The impacts of corporate governance towards the firms' dividend payout ratio / Maslinda Khairuzzaman |
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Corporate governance plays an important role to boost the confidence of investors and other participants in capital markets. Generally, it is a system that directs and controls the distribution of responsibilities and rights among a firm's stakeholders. Dividend is considered as a reward for providing finances to a firm, as without any dividend, shares would not be valuable. The issue of corporate governance has always been an essential and critical element for both private and public sectors in Malaysia. Malaysia's Prime Minister has even emphasized for more concentration on the corporate governance related issues. He argued the need of the firms in the country to benchmark to an effective system that could enhance the quality of good corporate management practice. Besides, dividend payout ratio will subject the firms to be examined by capital market in order to secure more capital for expansion. Good corporate governance is believed to be a key factor in order to enhance firms' dividend payout ratio and maximize the shareholders' wealth. This research analyses dividend payout ratio as the dependent variable. Meanwhile, the independent variables are board size, outside directors proportion, managerial ownership, ownership concentration and board meeting frequency. This research uses a sample of 10 companies in finance sectors that listed in Bursa Malaysia. All data of the variables are taken from the firms' Annual Report that published in Bursa Malaysia and cover a period of 7 years from 2010 to 2016. As the research methodologies, this study uses panel data analysis, descriptive analysis, correlation analysis, multiple regression analysis by using pooled ordinary least squares (OLS) method and assumption tests. It finds that all the independent variables of corporate governance have relationship with the firms' dividend payout ratio. |
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Thesis |
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Khairuzzaman, Maslinda |
author_facet |
Khairuzzaman, Maslinda |
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Khairuzzaman, Maslinda |
title |
The impacts of corporate governance towards the firms' dividend payout ratio / Maslinda Khairuzzaman |
title_short |
The impacts of corporate governance towards the firms' dividend payout ratio / Maslinda Khairuzzaman |
title_full |
The impacts of corporate governance towards the firms' dividend payout ratio / Maslinda Khairuzzaman |
title_fullStr |
The impacts of corporate governance towards the firms' dividend payout ratio / Maslinda Khairuzzaman |
title_full_unstemmed |
The impacts of corporate governance towards the firms' dividend payout ratio / Maslinda Khairuzzaman |
title_sort |
impacts of corporate governance towards the firms' dividend payout ratio / maslinda khairuzzaman |
publishDate |
2018 |
url |
https://ir.uitm.edu.my/id/eprint/59033/1/59033.pdf https://ir.uitm.edu.my/id/eprint/59033/ |
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1734303009798619136 |
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13.211869 |