Comparative Investigation of the Dividend Policy of Cypriot Firms traded in Cyprus Stock Exchange Using a New Methodology of Correspondence Analysis

This paper presents an analysis based on a recently survey of the dividend policies of the listed firms in the Cypriot Stock Exchange. For the analysis we use a new methodology of correspondence analysis for the comparative evaluation of the opinions of members two or more different groups, as for criteria which are formulated in scales "Likert". Especially, we investigate, in a 5-degree scale and in a 2-degree scale of evaluation, the effect of several factors on the corporate dividend policy firstly taking into account all the firms of our sample and then the groups of firms according to their total turnover. We found that they are significant differences between the factors that affect the dividend policy of the groups of Cypriot firms