The Impact of Product Market Competition on Firms’ Dividend Policy

This paper investigates the relation between product market competition and managers’ decision to distribute cash dividend to shareholders. Therefore, the Herfindahl-Hirschman, Lerner, and Modified Lerner indexes were employed as a proxy for product market competition. The research population compos...

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Bibliographic Details
Main Authors: Mohammad Namazi, Gholamreza rezaei
Format: Article
Language:fas
Published: Alzahra University 2013-12-01
Series:راهبرد مدیریت مالی
Subjects:
Online Access:http://jfm.alzahra.ac.ir/article_970_96dc17f94b2389409bbd96159d84bf38.pdf