Internal dynamic between dividend policy and environmental, social, and governance (ESG) performance among listed companies in the United States

This research has the purpose of investigate the internal dynamic between dividend yield and environmental, social and governance (ESG) performance among listed companies in United States. The explanatory variables include ESG score, Sales Growth, Leverage, Price-to-Book Ratio, and Return on Asset....

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Main Authors: Ang, Sin Yu, Ho, Shi Cheng, Hong, Sze Yin, Lee, Yi Seng
Format: Final Year Project / Dissertation / Thesis
Published: 2024
Subjects:
Online Access:http://eprints.utar.edu.my/6919/1/2002717_FYP.pdf
http://eprints.utar.edu.my/6919/
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author Ang, Sin Yu
Ho, Shi Cheng
Hong, Sze Yin
Lee, Yi Seng
author_facet Ang, Sin Yu
Ho, Shi Cheng
Hong, Sze Yin
Lee, Yi Seng
author_sort Ang, Sin Yu
building UTAR Library
collection Institutional Repository
content_provider Universiti Tunku Abdul Rahman
content_source UTAR Institutional Repository
continent Asia
country Malaysia
description This research has the purpose of investigate the internal dynamic between dividend yield and environmental, social and governance (ESG) performance among listed companies in United States. The explanatory variables include ESG score, Sales Growth, Leverage, Price-to-Book Ratio, and Return on Asset. The dividend signalling theory and stakeholder theory will be the fundamental theories of this study to examine how explanatory variables will affects dividend yield. The secondary data within year 2013 to 2021 are obtained from Refinitiv Eikon Database. A total of 87 companies are selected as sample for this research. To explore the interplay between dividend yield and environmental, social, and governance (ESG) performance among listed companies in the United States, panel data analysis will be employed. Initially, panel unit root tests are conducted, followed by the application of Pooled Ordinary Least Squares (POLS), Fixed Effects Model (FEM), and Random Effects Model (REM). To determine the most suitable model, Poolability F-Test and Hausman Test are being utilized. Additionally, diagnostic checks for multicollinearity, heteroscedasticity, and autocorrelation are performed to identify any underlying economic issues within the model. This study indicates that ESG Score, Sales Growth, Leverage, Price-to Book Ratio, and Return on Asset have significant influence on dividend yield.
format Final Year Project / Dissertation / Thesis
id my-utar-eprints.6919
institution Universiti Tunku Abdul Rahman
publishDate 2024
record_format eprints
spelling my-utar-eprints.69192025-12-11T08:10:58Z Internal dynamic between dividend policy and environmental, social, and governance (ESG) performance among listed companies in the United States Ang, Sin Yu Ho, Shi Cheng Hong, Sze Yin Lee, Yi Seng HB Economic Theory HC Economic History and Conditions This research has the purpose of investigate the internal dynamic between dividend yield and environmental, social and governance (ESG) performance among listed companies in United States. The explanatory variables include ESG score, Sales Growth, Leverage, Price-to-Book Ratio, and Return on Asset. The dividend signalling theory and stakeholder theory will be the fundamental theories of this study to examine how explanatory variables will affects dividend yield. The secondary data within year 2013 to 2021 are obtained from Refinitiv Eikon Database. A total of 87 companies are selected as sample for this research. To explore the interplay between dividend yield and environmental, social, and governance (ESG) performance among listed companies in the United States, panel data analysis will be employed. Initially, panel unit root tests are conducted, followed by the application of Pooled Ordinary Least Squares (POLS), Fixed Effects Model (FEM), and Random Effects Model (REM). To determine the most suitable model, Poolability F-Test and Hausman Test are being utilized. Additionally, diagnostic checks for multicollinearity, heteroscedasticity, and autocorrelation are performed to identify any underlying economic issues within the model. This study indicates that ESG Score, Sales Growth, Leverage, Price-to Book Ratio, and Return on Asset have significant influence on dividend yield. 2024-01 Final Year Project / Dissertation / Thesis NonPeerReviewed application/pdf http://eprints.utar.edu.my/6919/1/2002717_FYP.pdf Ang, Sin Yu and Ho, Shi Cheng and Hong, Sze Yin and Lee, Yi Seng (2024) Internal dynamic between dividend policy and environmental, social, and governance (ESG) performance among listed companies in the United States. Final Year Project, UTAR. http://eprints.utar.edu.my/6919/
spellingShingle HB Economic Theory
HC Economic History and Conditions
Ang, Sin Yu
Ho, Shi Cheng
Hong, Sze Yin
Lee, Yi Seng
Internal dynamic between dividend policy and environmental, social, and governance (ESG) performance among listed companies in the United States
title Internal dynamic between dividend policy and environmental, social, and governance (ESG) performance among listed companies in the United States
title_full Internal dynamic between dividend policy and environmental, social, and governance (ESG) performance among listed companies in the United States
title_fullStr Internal dynamic between dividend policy and environmental, social, and governance (ESG) performance among listed companies in the United States
title_full_unstemmed Internal dynamic between dividend policy and environmental, social, and governance (ESG) performance among listed companies in the United States
title_short Internal dynamic between dividend policy and environmental, social, and governance (ESG) performance among listed companies in the United States
title_sort internal dynamic between dividend policy and environmental, social, and governance (esg) performance among listed companies in the united states
topic HB Economic Theory
HC Economic History and Conditions
url http://eprints.utar.edu.my/6919/1/2002717_FYP.pdf
http://eprints.utar.edu.my/6919/
url_provider http://eprints.utar.edu.my