Özet:

Abstract Dividend pay-out policies often emanate from complex financial decisions and corporate managers do not consider dividend policies in isolation. However, some studies have indicated that capital structure significantly affects dividend pay-out and should be managed properly as it accounts for variations in dividends. The aim of this study was to investigate the relationship between capital structure and dividend pay-out. This study made use of a Kolmogorov-Smirnov and a Chi-square test. These tests are more reliable in investigating the variations and dependency between variables and are a leap from the models used in the prior literature. Using the R-square values of six published articles, the results revealed that capital structure cannot be used to explain variations in dividend pay-out as suggested by some authors. The implications of this study are that academic journals should scrutinise journal manuscripts where there are suggestions that there is a relationship between capital structure and dividend policy Downloads Download data is not yet available. Downloads FULL TEXT Published 2023-05-14 How to Cite Enow, S. T. (2023). Capital Structure on Dividend Policy: Is There Any Relationship?. International Journal of Economics and Financial Issues, 13(3), 141–144. https://doi.org/10.32479/ijefi.14344 More Citation Formats ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver Download Citation Endnote/Zotero/Mendeley (RIS) BibTeX Issue Vol. 13 No. 3 (2023) Section Articles Most read articles by the same author(s) Samuel Tabot Enow, Stock Market Liquidity during Periods of Distress and its Implications: Evidence from International Financial Markets , International Journal of Economics and Financial Issues: Vol. 13 No. 1 (2023) Samuel Tabot Enow, Financial Contagion and Duration: Evidence from International Financial Markets , International Journal of Economics and Financial Issues: Vol. 13 No. 4 (2023) Samuel Tabot Enow, Investigating Joint Market Hypothesis during Periods of Financial Distress and its Implications , International Journal of Economics and Financial Issues: Vol. 13 No. 2 (2023) Samuel Tabot Enow, Detecting the Herding Behaviour in the South African Stock Market and its Implications , International Journal of Economics and Financial Issues: Vol. 13 No. 2 (2023) Make a Submission Make a Submission Dergi Kapağı

Anahtar Kelimeler: