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: | Ibrahim, Yusnidah, Mazlan, Ahmad Rizal |
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Format: | Article |
Language: | English |
Published: |
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 |
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