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Mediating Effect of Liquidity on Firm Performance and Dividend Payout of Listed Manufacturing Companies in Nigeria
Dividend policy is one of the most controversial and complex area of corporate finance. Despite the fact that dividend policy is more commonly an instrument of wealth distribution than an instrument of wealth creation. Dividend policy remained an unresolved issue in corporate of finance and the find...
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Published in: | Journal of economic development, management, IT, finance, and marketing management, IT, finance, and marketing, 2016-03, Vol.8 (1), p.15 |
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Main Authors: | , |
Format: | Article |
Language: | English |
Subjects: | |
Online Access: | Get full text |
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Summary: | Dividend policy is one of the most controversial and complex area of corporate finance. Despite the fact that dividend policy is more commonly an instrument of wealth distribution than an instrument of wealth creation. Dividend policy remained an unresolved issue in corporate of finance and the findings are inconclusive. The objective of this paper is to critically examine the relationship between the firm's financial performance and dividend payout among listed manufacturing firms in Nigeria for the period 2007 - 2014. Data were to be collected using the secondary source of data only. The technique to be employed is multiple regressions as tool of analysis for the paper. Firm performance is measured by return on asset, return on equity, economic value added, and Tobin's Q and dividend policy is proxy by dividend payout. |
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ISSN: | 1947-2420 1947-2439 |