Refine your search
Collections
Co-Authors
Journals
Year
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z All
Mangla, Ruchi
- The Impact of Financial Leverage and Earnings on Dividend Policy:A Study of Banking Sector in India
Abstract Views :241 |
PDF Views:0
Authors
Ruchi Mangla
1,
Manisha Goel
2
Affiliations
1 YMCA University of Science and Technology, Faridabad, Haryana, IN
2 Department of Management, YMCA University of Science and Technology, Faridabad, Haryana, IN
1 YMCA University of Science and Technology, Faridabad, Haryana, IN
2 Department of Management, YMCA University of Science and Technology, Faridabad, Haryana, IN
Source
Asian Journal of Management, Vol 8, No 3 (2017), Pagination: 379-383Abstract
Banking is one of the important support services for business but today it has become an industry in itself and investors look upon it as a profitable sector. Indian banking industry is thought to become 5th largest banking industry of the world by 2020. Now it becomes important to know what this sector is paying back to its equity investors in the form of dividends. As far as dividend is concerned, it has always been a puzzle in financial management and there are number of factors that influence the dividend payment. This paper is an attempt to find out the relation of dividend with other factors which can affect it. Researchers have tried to know the impact of earning, financial leverage and book value of shares as a major component on the dividend policy of banks in India. The study is based on the data for 33 banks in total for a period of 12 years. Both the nationalized and private banks are considered for the study. The various statistical tools have been applied using SPSS.Keywords
Dividend, Banks, Financial Leverage, Book Value, Earning.
References
- Abubakar, N. (2011). The Determinants of Dividend Payout in The Nigerian Banking Industry (Doctoral dissertation).
- Al-Khasawneh, J., Shariff, M., and Al-Zubi, K. (2012). Propensity to Pay Dividends: Evidence from US Banking Sector. International Journal of Economics and Finance, 4(9), 130.
- Allen, F., and Michaely, R. (2003). Payout policy. Handbook of the Economics of Finance, 1, 337-429.
- Al‐Najjar, B. (2011). The inter‐relationship between capital structure and dividend policy: empirical evidence from Jordanian data. International Review of Applied Economics, 25(2), 209-224.
- Alzomaia, T. S., and Al-Khadhiri, A. (2013). Determination of dividend policy: The evidence from Saudi Arabia. International Journal of Business and Social Science, 4(1).
- Emamalizadeh, M., Ahmadi, M., and Pouyamanesh, J. (2013). Impact of financial leverage on dividend policy at Tehran Stock Exchange: A case study of food industry. African Journal of Business Management, 7(34), 3287.
- Gul, S., Mughal, S., Bukhari, A. S., and Shabir, N. (2012). The Determinants of Corporate Dividend Policy: An Investigation of Pakistani Banking Industry. European Journal of Business and Management, 4(12), 1-5.
- Gupta, S. (2012). Analysis of leverage ratio in selected Indian public sector and private sector banks. Asian Journal Of Management Research, 3(1).
- Hashemi, S. A., and Zadeh, Z. K. (2012). The impact of financial leverage operating cash flow and size of company on the dividend policy (case study of Iran). Interdisciplinary Journal of Contemporary Research in Business, 3(10), 264-270.
- Lalu Candra Karami, S. E. (2012). The Influence of Leverage and Liquidity on Dividend Policy (Empirical Study on Listed Companies in Indonesia Stock Exchange of LQ45 in 2008-2010). Jurnal Ilmiah Mahasiswa FEB, 1(1).
- Malik, F., Gul, S., Khan, M. T., Rehman, S. U., and Khan, M. (2013). Factors influencing corporate dividend payout decisions of financial and non-financial firms. Research Journal of Finance and Accounting, 4(1), 35-46.
- Manos, R. (2001). Capital structure and dividend policy: Evidence from emerging markets (Doctoral dissertation, University of Birmingham).
- Nnadi, M. A., and Akpomi, M. E. (2005). The effect of Taxes on dividend policy of banks in Nigeria. Available at SSRN 873828.
- Sudhahar, M., and Saroja, T. (2010). Determinants of dividend policy in Indian banks: An empirical analysis. IUP Journal of Bank Management, 9(3), 63.
- Zameer, H., Rasool, S., Iqbal, S., and Arshad, U. (2013). Determinants of Dividend Policy: A case of Banking sector in Pakistan. Middle-East Journal of Scientific Research, 18(3), 410424.