The stability and determinants of dividend policy in Amman stock exchange in terms of stability and determinants (1995-2005)‎

العناوين الأخرى

سلوك استقرار و محددات سياسية توزيع الأرباح في بورصة عمان (1995-2005)‎

مقدم أطروحة جامعية

al-Qaysi, Khaldun Mad Allah

مشرف أطروحة جامعية

Umat, Ghassan Muhammad Khayr

أعضاء اللجنة

Abd Allah, Khalid Amin
Gharayibah, Hisham S.
al-Zubi, Khalid Abd al-Al

الجامعة

الأكاديمية العربية للعلوم المالية و المصرفية

الكلية

كلية نظم و تكنولوجيا المعلومات

دولة الجامعة

الأردن

الدرجة العلمية

دكتوراه

تاريخ الدرجة العلمية

2007

الملخص الإنجليزي

The financing of firms and their dividend policies are important because the cost of capital and hence the value of firms depend on these financial decisions.

In this respect, it is crucial to understand and examine the issue of dividend policy in developing countries.

Indeed, the finance literature contains a large number of theoretical and empirical papers that examine corporate dividend policy.

However, most of the published empirical literature examines listed companies in advanced economies.

The primary objectives of this dissertation are to determine whether or not Jordanian companies have stable cash dividend policies and to understand the determinants of such dividend policies, and in particular, whether or not the ownership structure of companies affects their dividend behavior.

Based on data for the period 1995–2005, and panel data analysis, the Tobi and Probity regressions, the results of this dissertation indicate that listed Jordanian companies follow stable policies albeit at a lesser degree than their American counterparts.

In addition, and contrary to the international evidence, the results indicate that the ownership structure of firms in Jordan plays no role in affecting dividend policy.

However, other factors like the size of the firms, firm profitability and leverage are found to be significant determinant factor of dividend policy.

التخصصات الرئيسية

الاقتصاد و التجارة

الموضوعات

• الأردن

عدد الصفحات

88

قائمة المحتويات

• APA
• MLA
• AMA

لغة النص

الإنجليزية

نوع البيانات

رسائل جامعية

رقم السجل

BIM-305029