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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Main Author: Khairuzzaman, Maslinda
Format: Thesis
Language:English
Published: 2018
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/59033/1/59033.pdf
https://ir.uitm.edu.my/id/eprint/59033/
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spelling 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.
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic Malaysia
Dividends. Stock dividends. Dividend reinvestment
Stock exchanges. Insider trading in securities
spellingShingle 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
description 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.
format Thesis
author Khairuzzaman, Maslinda
author_facet Khairuzzaman, Maslinda
author_sort 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/
_version_ 1734303009798619136
score 13.211869