Study of the Relationship between Information Asymmetry and Cash Dividend Policy
Management and Administrative Sciences Review
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Title |
Study of the Relationship between Information Asymmetry and Cash Dividend Policy
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Creator |
Ziabari, Ammar Zamiri
Samadi, Mahmood Meshki, Mehdi Masouleh, Hamed Payandehdoust |
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Subject |
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Information Asymmetry, Cash Dividend, Suggested Prices of Sell Stocks, Suggested Prices of Buy Stocks |
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Description |
The main purpose of this research was to study the relationship between information asymmetry and cash dividend policy. Here, information asymmetry and cash dividend policy were investigated as independent and dependent variables, respectively. In terms of objective, the research methodology was functional, descriptive-correlative. Also, systematic elimination was the sampling method in this research. The statistical population was all the companies accepted in Tehran Stock Exchange during 2006-2010, consisting of 414 companies in all. The sample volume was determined to be 110 companies. Analysis of the collected data was conducted using SPSS and Excel software through Kolmogorov-Smirnov test and regression analysis. Obtained results indicated that there was a significant positive relationship between information asymmetry and cash dividend policy in all those years, i.e. in 2006 (correlation coefficient= 0.176), 2007 (correlation coefficient= 0.110), 2008 (correlation coefficient= 0.131), 2009 (correlation coefficient= 0.068) and in 2010 (correlation coefficient= 0.078).
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Publisher |
Academy of Business & Scientific Research
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Contributor |
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Date |
2014-06-18
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://absronline.org/journals/index.php/masr/article/view/221
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Source |
Management and Administrative Sciences Review; Vol 3, No 4 (2014): Special Issue (June); 615-623
2308-1368 2310-872X |
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Language |
eng
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Relation |
http://absronline.org/journals/index.php/masr/article/view/221/242
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Rights |
Copyright (c) 2014 Management and Administrative Sciences Review
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