文章基本信息

标题：Preponderant factors in the definition of dividend policies in Brazil
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作者：Marcelo Augusto Ambrozini ; Tabajara Pimenta Junior*
期刊名称：African Journal of Business Management
印刷版ISSN：1993-8233
出版年度：2015
卷号：9
期号：13
页码：531-541
DOI：10.5897/AJBM2015.7722
语种：English
出版社：Academic Journals
摘要：The aim of this study was to verify whether company managers take into account the factors assigned by the literature as the one to influence dividend policies the most in decisions regarding profit sharing. The research was made with 106 public companies in Brazil. The results showed that managers give more attention to factors such as legislation, Articles of Incorporation, cash availability, opportunities for future investments, budget, and expectations regarding future profits. In consideration, factors such as the effect of inflation, policies regarding dividends of other companies, alternative investment sources for shareholders, and gains or losses with stock variation are taken less into account.
关键词：Dividend policy; decision process; management of results