Abstract
In this paper we analyze the results from a survey among all publicly listed Nordic firms on their dividend payout policy. A number of interesting results are found. The results show e.g. that 72 percent of the Nordic companies have a specified dividend policy. Larger and more profitable companies with more concentrated ownership are more likely to have a defined dividend policy in place. The dividend policy is mostly influenced by the considerations of company’s capital structure and future earnings.
Original language | English |
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Title of host publication | European Financial Management Association (EFMA) conference |
Number of pages | 19 |
Publication date | 06.2013 |
Pages | 1-19 |
Publication status | Published - 06.2013 |
MoE publication type | A4 Article in conference proceedings |
Event | 2013 Annual meetings of European Financial Management Association (EFMA): "MERTON H. MILLER" DOCTORAL SEMINAR - Reading, Reading, United Kingdom Duration: 26.06.2013 → 29.06.2013 Conference number: 22 |
Keywords
- 512 Business and Management
- corporate finance, dividend policy, payout, Nordic, OMX
- KOTA2013
- Equis Base Room