محددات سياسة توزيع الأرباح للشركات المدرجة في بورصة الجزائر : دراسة قياسية للفترة (2013-2018)‎

الملخص EN

The main aim of the study is to identify the main factors influencing dividends distribution policy within companies listed in the Algerian stock exchange, and to develop an empirical model in a bid to provides an explanation regarding profit distribution decisions behavior within these corporations, in the light of the several theories, models, that addressed paying dividends from 2013 till 2018 using dynamic panel data, especially (GMM).

The study concluded that all variables associated with distributed profits of previous periods, namely liquidity, financial leverage, and corporations' size are among the main determinants of dividends policy of companies listed on the Algerian stock exchange.