2 research outputs found
Ownership structures and dividend policy: Evidence from listed plantation companies in Malaysia / Sami RM Musallam and Coral Choo Pei Lin.
This research analyzed the relationship of ownership structures with dividend policy using a sample of 43 plantation companies listed on Bursa Malaysia from 2013 to 2015. The results of the Ordinary Least Square (OLS)analysis find that foreign ownership has a positive and significant influence on dividend policy while state ownership has a negative and significant influence on dividend policy. Furthermore, it was also found that Government Linked Investment Companies (GLICs) ownership has an insignificant influence on dividend policy. This study provides evidence to policymakers of government through their GLICs and states in selecting and deciding their dividend policies. Furthermore, it also provides evidence to shareholders and managers that companies with foreign ownership pay higher dividends while companies with state ownership pay lower dividends. This study is among the early studies that contributes to the finance and corporate governance literature by examining the relationship between GLICs as whole and foreign ownerships with a dividend policy in Malaysia
Exploring the Relationship between Financial Ratios and Market Stock Returns
This paper explores the relationship between financial ratios and market stock
returns of 26 Qatari listed firms from 2009 to 2015. The results of Weighted Least
Square (WLS) show that earnings per share, earnings yield ratio, and dividend yield
ratio have significant and positive relationship with market stock returns while
market to book value ratio, return on assets, return on equity, price to earnings
ratio, dividends earnings ratio, and net profit margin have insignificant relationship
with market stock returns. The implications will be for policymakers of government
in selecting and deciding their policies. It will also be for investors and managers to
make better decisions