Record Details

Study of the Relationship between Information Asymmetry and Cash Dividend Policy

Management and Administrative Sciences Review

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Field Value
 
Title Study of the Relationship between Information Asymmetry and Cash Dividend Policy
 
Creator Ziabari, Ammar Zamiri
Samadi, Mahmood
Meshki, Mehdi
Masouleh, Hamed Payandehdoust
 
Subject
Information Asymmetry, Cash Dividend, Suggested Prices of Sell Stocks, Suggested Prices of Buy Stocks
 
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).
 
Publisher Academy of Business & Scientific Research
 
Contributor
 
Date 2014-06-18
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://absronline.org/journals/index.php/masr/article/view/221
 
Source Management and Administrative Sciences Review; Vol 3, No 4 (2014): Special Issue (June); 615-623
2308-1368
2310-872X
 
Language eng
 
Relation http://absronline.org/journals/index.php/masr/article/view/221/242
 
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