文章基本信息

标题：Review of relationship between dividend policy and performance: Evidence of Irans capital market
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作者：Majid Zanjirdar ; Monireh Seifi
期刊名称：African Journal of Business Management
印刷版ISSN：1993-8233
出版年度：2012
卷号：6
期号：40
页码：10507-10513
DOI：10.5897/AJBM11.2860
语种：English
出版社：Academic Journals
摘要：The aim of this study is to review the relationship between dividend and company performance on equity capital markets in Iran, consequently two groups of performance indexes based on economical trend and accounting trend were studied. In this study, library method of collecting information was employed and the numbers of 93 companies whose required information were available were chosen in 6-year-old study (2004 to 2009). This study is correlation based on method and nature and it has been used for correlation and regression tests to research hypothesis test. For performance, evaluation was carried out with two groups of indicators: accounting and economic indicators. The experimental results of study has shown that generally, there is a positive relationship between economic and accounting performance indexes and dividend policy, and that accounting performance indicators also have more explanatory power than economic performance indicators in predicting dividend in Iranian capital market.
关键词：Dividend policy; economic value added (EVA); market value added (MVA); operation cash flow (OCF); return on equity (ROE); return on asset (ROA)