Kumar, Jayesh - In: Journal of Emerging Market Finance 5 (2006) 1, pp. 15-58
with the help of firms' financial structure, investment opportunities, dividend history, earnings trend and the ownership … negatively associated, whereas, past investment opportunities exert a positive impact on the dividends. Ownership by the … corporate and directors is positively related with dividends payout in level and corporate ownership is negatively related in …