The role of financial reporting quality in mitigating the restrictive effect of dividend policy on capital investment expenditure : an empirical study
Author
Abd al-Fattah, Rihab Mahmud Hassan
Source
[The Journal of Business Research]
Issue
Vol. 39, Issue 1 (31 Jan. 2017)28 p.
Publisher
Zagazig University Faculty of Commerce
Publication Date
2017-01-31
Country of Publication
Egypt
No. of Pages
28
Main Subjects
Topics
Abstract EN
Purpose - The purpose of the current study is to provide new evidence on the role of financial reporting quality in mitigating the restrictive effect of dividend policy on capital investment expenditure in some Egyptian listed companies.
Based on the presented results of the recent studies about the restrictive effect of dividend policy on capital investment expenditure in the imperfect market.
Yet in imperfect markets, external funding constraints that stem from information asymmetry can force firms to forgo valuable capital investment projects in order to pay dividends.
Methodology- based on a cross-sectional sample of 35 firms on the year 2014, a cross-sectional regression model estimated to test the study question.
Findings – The current study results show that high-quality financial reporting significantly mitigates the restrictive effect of dividend policy on capital investment expenditure.
American Psychological Association (APA)
Abd al-Fattah, Rihab Mahmud Hassan. 2017. The role of financial reporting quality in mitigating the restrictive effect of dividend policy on capital investment expenditure : an empirical study. [The Journal of Business Research]،Vol. 39, no. 1.
https://search.emarefa.net/detail/BIM-1091683
Modern Language Association (MLA)
Abd al-Fattah, Rihab Mahmud Hassan. The role of financial reporting quality in mitigating the restrictive effect of dividend policy on capital investment expenditure : an empirical study. [The Journal of Business Research] Vol. 39, no. 1 (2017).
https://search.emarefa.net/detail/BIM-1091683
American Medical Association (AMA)
Abd al-Fattah, Rihab Mahmud Hassan. The role of financial reporting quality in mitigating the restrictive effect of dividend policy on capital investment expenditure : an empirical study. [The Journal of Business Research]. 2017. Vol. 39, no. 1.
https://search.emarefa.net/detail/BIM-1091683
Data Type
Journal Articles
Language
English
Notes
-
Record ID
BIM-1091683