Does dividend policy affect firm value in an emerging market evidence from Malaysian firms

Mohd Ashari Bakri (2021) Does dividend policy affect firm value in an emerging market evidence from Malaysian firms. Labuan Bulletin of International Business & Finance (LBIBf), 19. pp. 1-9. ISSN 2600-7894

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Abstract

This study examines the relationship between dividend and firm value in Malaysian firms. The study uses pooled Ordinary Least Square, panel fixed, and random effect to examine the model. Using a sample from 659 firms across Malaysia from 2005 to 2019, the results reveal that dividend has a positive relationship with firm value proxy by Tobin’s Q. Moreover, the results are robust even after controlling for endogeneity concerns regarding omitted variables bias.

Item Type:	Article
Keyword:	Dividend, firm value, emerging markets, Malaysia.
Subjects:	H Social Sciences > HC Economic history and conditions > HC10-1085 Economic history and conditions H Social Sciences > HF Commerce > HF1-6182 Commerce > HF5001-6182 Business > HF5410-5417.5 Marketing. Distribution of products
Department:	FACULTY > Labuan Faculty of International Finance
Depositing User:	ABDULLAH BIN SABUDIN -
Date Deposited:	18 Jul 2025 14:09
Last Modified:	18 Jul 2025 14:09
URI:	https://eprints.ums.edu.my/id/eprint/44582

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