Financing patterns, dividend policies and growth opportunities : a Jordanian firms panel data analysis

الملخص EN

This paper examines the influence of financial leverage and dividend payout policies on the market value of firms when they either face or do not face profitable growth opportunities.

Based on a sample of 41 non-financial companies listed on Amman Securities Exchange, the results indicate the importance of both financial decisions in the determination of the market value of equity in the presence of growth opportunities.