The Relationship between Transaction Costs Of External Financing And Dividend Policy: Evidence From Malaysia
The presence of transaction costs calls for the emphasis to be given to residual dividend policy, a policy that attempts to minimise transaction costs of external financing by accommodating capital expenditure financing requirement in companies’ dividend policy. In Malaysia, dividend increases are...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
UUM Press
2008-06-01
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| Series: | International Journal of Management Studies |
| Online Access: | https://e-journal.uum.edu.my/index.php/ijms/article/view/9865 |