Dividends, leverage and endogeneity: a simultaneous equations study on Malaysia

Drawing upon preceding empirical studies on the potential endogeneity of both debt and dividends in developed markets, this study investigates two-way causal relationships that can exist between payout decisions and debt policies in Malaysian listed companies. The analysis is performed by applying a...

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Bibliographic Details
Main Authors: Ghasemi, Maziar, Ab Razak, Nazrul Hisyam, Muhammad, Junaina
Format: Article
Language:English
Published: University of Wollongong, Australia 2018
Online Access:http://psasir.upm.edu.my/id/eprint/60596/1/Dividends%2C%20leverage%20and%20endogeneity%20a%20simultaneous%20equations%20study%20on%20Malaysia.pdf
http://psasir.upm.edu.my/id/eprint/60596/
http://ro.uow.edu.au/aabfj/vol12/iss1/4/
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