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 o...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Universiti Utara Malaysia
2008
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| Subjects: | |
| Online Access: | https://repo.uum.edu.my/id/eprint/27044/1/IJMS15%201%202008%20%2071%2083.pdf |