Nikolovska, Simona - In: Journal of Contemporary Economic and Business Issues 7 (2020) 1, pp. 21-39
In a world full of studies dealing with the relationship of price-to-earnings ratio and the dividend payout ratio … nonlinear relationship between price-to earnings ratio and dividend payout ratio where by the inclusion of various factors the … positive relationship and convexity between the price-to-earnings ratio and the dividend payout ratio, leading to the …