Foreign Ownership and Dividend Policy - The Case of Vietnam
Posted: 5 Mar 2011
Date Written: March 4, 2011
Using a rich and detailed data set, including both market data and firm attributes, this paper investigates the relationship between foreign ownership and dividend policy in Vietnam stock markets. In other words, we attempt to shed light on the following questions: (i) Are foreign investors more likely to choose firms that pay high dividends? and (ii) Do foreign investors cause firms to increase dividends when they have substantial shareholdings?
Keywords: Foreign Ownership, Firm Attributes, Dividend, Dividend Payout, Dividend Yield
JEL Classification: G10, G12
Suggested Citation: Suggested Citation