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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Bibliographic Details
Main Author: Kartal Demirgüneş
Format: Article
Language:English
Published: EconJournals 2015-04-01
Series:International Journal of Economics and Financial Issues
Online Access:http://mail.econjournals.com/index.php/ijefi/article/view/1152