文章基本信息

标题：The Investigaton of Relationship Between Dividend Policy,Payout Ratio and Financial Performance
其他标题：Temettü Politikası,Temettü Dağıtım Oranı ve Finansal Performans Arasındaki İlişkinin İncelenmesi
本地全文：下载
作者：Hüseyin TEMİZ ; Tansel HACIHASANOĞLU
期刊名称：İşletme Araştırmaları Dergisi
印刷版ISSN：1309-0712
出版年度：2017
卷号：9
期号：2
DOI：10.20491/isarder.2017.259
语种：English
出版社：Isarder
摘要：Firms decide to distribute earnings to their shareholders or to retain them to use for future investments. This situation is called as dividend policy. The purpose of this study is to empirically investigate relationship between dividend policy and financial performance of firms which are traded in BIST Manufacturing Sector. 1350 firm-year observations covering the period 2005-2015 belonging to sector firms were used in the study. Return on asset (ROA) and return on equity (ROE) variables were used as a proxy of firm’s financial performance. According to obtained results there is positive and statistically significant relationship between firm’s dividend policy,payout ratio and financial performance. In addition,positive and statistically significant relationships were obtained between changes in sales,total assets and firm’s financial performance indicators. Last,there is negative statistically relationship between firm’s leverage ratio and financial performance.
其他摘要：Firmalar elde ettikleri kârı hissedarlarına dağıtmaya veya gelecek dönem yatırımlarında kullanmak için firmada tutmaya karar vermektedir. Söz edilen durum, temettü politikası olarak ifade edilmektedir. Bu çalışmanın amacı BIST İmalat Sektöründe faaliyet g
关键词：Dividend Policy;Payout Ratio;Financial Performance
其他关键词：Temettü Politikası;Temettü Dağıtım Oranı;Finansal Performans