THE CAUSALITY AMONG SOUTH KOREAN FIRMS EARNINGS, DIVIDEND POLICY, AND INVESTMENT DECISION
This paper examines the causality among earnings, dividends and investment using the Granger-causality model. Using a sample of publicly traded South Korean manufacturing companies, we find that investments cause earnings. We also find that earnings cause dividends and investments cause dividends. T...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
People & Global Business Association (P&GBA)
2006-06-01
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| Series: | Global Business and Finance Review |
| Subjects: | |
| Online Access: | http://www.gbfrjournal.org/pds/journal/thesis/20150624112649-BQCN2.pdf |