The relationship between managerial ownership and dividend payout policy on the industrial firms listed on the Philippine Stock Exchange
Date of Publication
2012
Document Type
Bachelor's Thesis
Degree Name
Bachelor of Science in Commerce Major in Management of Financial Institutions
Subject Categories
Finance and Financial Management
College
Ramon V. Del Rosario College of Business
Department/Unit
Financial Management
Thesis Adviser
Edralin C. Lim
Defense Panel Chair
Kashmirr Ibanez
Defense Panel Member
Daniel Hofilena
Robert Dan Roces
Abstract/Summary
This paper studied the relationship between managerial ownership and dividend payout policy of industrial firms listed on the Philippine Stock Exchange. Control variables which are size, leverage, market-to-book ratio and free cash flow were also added aside from the earnings and managerial ownership to account for other factors affecting dividend payout. Four models were used to determine the relation of the variables by using fixed effects estimation. The results showed that managerial ownership has no significant relationship with dividends. Size, leverage, market-to-book ratio and free cash flow also did not yeiled a significant relationship with dividends.
Abstract Format
html
Language
English
Format
Accession Number
TU21900
Shelf Location
Archives, The Learning Commons, 12F, Henry Sy Sr. Hall
Physical Description
iv, 85 leaves : illustrations
Keywords
Dividends--Philippines; Corporations--Finance
Recommended Citation
Cai, A., Gercio, O., Ong, J., & Villas, S. (2012). The relationship between managerial ownership and dividend payout policy on the industrial firms listed on the Philippine Stock Exchange. Retrieved from https://animorepository.dlsu.edu.ph/etd_bachelors/18484
