Kim, Sungsin; Seo, Ji-Yong - In: Asian Academy of Management Journal of Accounting and … 10 (2014) 2, pp. 1-12
In this study, we analyse the determinants of dividend policies of information technology (IT) firms listed on the Korean stock market and use a logit regression model to examine Korean IT firms' propensity to pay dividends based on the life-cycle hypothesis. The analysis yields several...