Does dividend policy affect firm value in an emerging market: Evidence from Malaysian firms
This study examines the relationship between dividend and firm value in Malaysian firms. The study uses pooled Ordinary Least Square, panel fixed, and random effect to examine the model. Using a sample from 659 firms across Malaysia from 2005 to 2019, the results reveal that dividend has a positive...
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| Format: | Article |
| Language: | English English |
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Penerbit UMS
2021
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| Online Access: | https://eprints.ums.edu.my/id/eprint/33580/1/Does%20dividend%20policy%20affect%20firm%20value%20in%20an%20emerging%20market_%20Evidence%20from%20Malaysian%20firms.pdf https://eprints.ums.edu.my/id/eprint/33580/2/Does%20dividend%20policy%20affect%20firm%20value%20in%20an%20emerging%20market_%20Evidence%20from%20Malaysian%20firms%20_ABSTRACT.pdf |
| _version_ | 1796911428793270272 |
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| author | Mohd Ashari Bakri |
| author_facet | Mohd Ashari Bakri |
| author_sort | Mohd Ashari Bakri |
| collection | UMS |
| description | This study examines the relationship between dividend and firm value in Malaysian firms. The study uses pooled Ordinary Least Square, panel fixed, and random effect to examine the model. Using a sample from 659 firms across Malaysia from 2005 to 2019, the results reveal that dividend has a positive relationship with firm value proxy by Tobin’s Q. Moreover, the results are robust even after controlling for endogeneity concerns regarding omitted variables bias. |
| first_indexed | 2024-03-06T03:18:40Z |
| format | Article |
| id | ums.eprints-33580 |
| institution | Universiti Malaysia Sabah |
| language | English English |
| last_indexed | 2024-03-06T03:18:40Z |
| publishDate | 2021 |
| publisher | Penerbit UMS |
| record_format | dspace |
| spelling | ums.eprints-335802022-08-02T00:21:32Z https://eprints.ums.edu.my/id/eprint/33580/ Does dividend policy affect firm value in an emerging market: Evidence from Malaysian firms Mohd Ashari Bakri HG4001-4285 Finance management. Business finance. Corporation finance This study examines the relationship between dividend and firm value in Malaysian firms. The study uses pooled Ordinary Least Square, panel fixed, and random effect to examine the model. Using a sample from 659 firms across Malaysia from 2005 to 2019, the results reveal that dividend has a positive relationship with firm value proxy by Tobin’s Q. Moreover, the results are robust even after controlling for endogeneity concerns regarding omitted variables bias. Penerbit UMS 2021 Article PeerReviewed text en https://eprints.ums.edu.my/id/eprint/33580/1/Does%20dividend%20policy%20affect%20firm%20value%20in%20an%20emerging%20market_%20Evidence%20from%20Malaysian%20firms.pdf text en https://eprints.ums.edu.my/id/eprint/33580/2/Does%20dividend%20policy%20affect%20firm%20value%20in%20an%20emerging%20market_%20Evidence%20from%20Malaysian%20firms%20_ABSTRACT.pdf Mohd Ashari Bakri (2021) Does dividend policy affect firm value in an emerging market: Evidence from Malaysian firms. Labuan Bulletin of International Business & Finance (LBIBF), 19. pp. 49-58. ISSN 2600-7894 https://jurcon.ums.edu.my/ojums/index.php/lbibf/article/view/3383#:~:text=Using%20a%20sample%20from%20659,concerns%20regarding%20omitted%20variables%20bias. |
| spellingShingle | HG4001-4285 Finance management. Business finance. Corporation finance Mohd Ashari Bakri Does dividend policy affect firm value in an emerging market: Evidence from Malaysian firms |
| title | Does dividend policy affect firm value in an emerging market: Evidence from Malaysian firms |
| title_full | Does dividend policy affect firm value in an emerging market: Evidence from Malaysian firms |
| title_fullStr | Does dividend policy affect firm value in an emerging market: Evidence from Malaysian firms |
| title_full_unstemmed | Does dividend policy affect firm value in an emerging market: Evidence from Malaysian firms |
| title_short | Does dividend policy affect firm value in an emerging market: Evidence from Malaysian firms |
| title_sort | does dividend policy affect firm value in an emerging market evidence from malaysian firms |
| topic | HG4001-4285 Finance management. Business finance. Corporation finance |
| url | https://eprints.ums.edu.my/id/eprint/33580/1/Does%20dividend%20policy%20affect%20firm%20value%20in%20an%20emerging%20market_%20Evidence%20from%20Malaysian%20firms.pdf https://eprints.ums.edu.my/id/eprint/33580/2/Does%20dividend%20policy%20affect%20firm%20value%20in%20an%20emerging%20market_%20Evidence%20from%20Malaysian%20firms%20_ABSTRACT.pdf |
| work_keys_str_mv | AT mohdasharibakri doesdividendpolicyaffectfirmvalueinanemergingmarketevidencefrommalaysianfirms |