학술저널
CORPORATE DIVIDEND POLICY IN CHINA UNDER MANAGERIAL ENTRENCHMENT
- People & Global Business Association
- Global Business and Finance Review
- Vol.10 No.1
-
2005.0627 - 38 (12 pages)
- 9
The paper empirically analyzes corporate dividend policy under managerial entrenchment of publicly traded companies in China using mean T test, logistic regression and multivariate regression analysis methods,. The results indicate that investment opportunity, the proportion of state-owned shares, and shares held by managers are the main determinants of corporate dividend policy. The study further shows that less investment opportunity, higher proportion of state-owned shares and shares held by managers are associated with higher amount of corporate dividend distribution.
Abstract
INTRODUCTION
LITERATURE REVIEW
PURPOSE OF STUDY AND HYPOTHESIS
RESEARCH METHODOLOGY AND SAMPLE SELECTION
RESULTS AND ANALYSIS
CONCLUSION AND LIMITATION
REFERENCES
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