Parametric Determinants of Dividend in Indian Corporate Sector
HSB Research Review, Vol. 1, No. 1, January 2011
Posted: 9 Jun 2011
Date Written: January 1, 2011
The present paper is an attempt to find out the relationship between company characteristics and dividend policy in Indian corporate sector. For this purpose a sample of 374 companies listed on the Bombay Stock Exchange for the period from 1992-2007 has been analyzed and found that lagged tax was the most important determinants of dividend policy while short term liquidity was the least important determinant of dividend policy.
Keywords: parametric, dividend, company size, regresion coefficient
JEL Classification: A1
Suggested Citation: Suggested Citation