محددات سياسة توزيع الأرباح في البنوك الجزائرية : دراسة تطبيقية خلال الفترة (2009-2014)‎

Abstract EN

:Dividend Payout policy is the decision taken by the bank's management to determine the amount of dividends distributed and the amount of retained earnings, this study aims to find some determinants of the profit distribution policy in the Algerian banks during the period 2009-2014, The sample of the study consists of five public banks and seven private banks.

The data used were obtained from the banks' financial statements, The panel data model was used to determine the effect of the size of the bank, profitability, growth in investments, liquidity, risk, foreign ownership, dividends distributed last year on the profit distribution policy represented by the rate of payout ratio, The study found the following results: The profit distribution policy in Algerian banks is affected by the dividends distributed in the past year, the size of the bank and the foreign ownership.

There is no impact on profitability, growth, liquidity and risk on the policy of distributing profits in Algerian banks.