Determinants of Target Dividend Payout Ratio: A Panel ARDL Analysis
The aim of this study is to find out the determinants of target dividend payout ratio of BIST-listed firms operating in the non-metallic products (cement) manufacturing industry in the period of 2002-2012. Through this aim, the short and long-run effects of factors related to profitability, liquidi...
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Format: | Article |
Language: | English |
Published: |
EconJournals
2015-04-01
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Series: | International Journal of Economics and Financial Issues |
Online Access: | https://www.econjournals.com/index.php/ijefi/article/view/1152 |