ANALYZING FACTORS OF DIVIDEND POLICY ILLUSTRATED BY COMPANIES OF NASDAQ 100 INDEX
https://doi.org/10.21686/2413-2829-2018-1-161-166
Abstract
From the point of view of getting profits dividend policy is an important factor for investors. It is analyzed regularly, however it is mainly fragmented and does not show changed taking place. As for companies of technological sector earlier theoretical provisions concerning dividend policy need certain corrections. The article provides an empirical testing (based on regressive analysis) of the link between the level of company maturity and the size o dividends paid by it, which is one of the key provisions of G. & L. DeAngelo theory. It is pointed out that these conclusions did not prove the idea of using indexes identified by G. & L. DeAngelo to explain dividend policy. The authors put forward a new model of analysis of factors, the main of them is the indicator of the company net profit for the year previous to the year of paying dividends.
About the Authors
Eugene O. Savchenko
Plekhanov Russian University of Economics
Russian Federation
Russian Federation
PhD, Assistant Professor of the Department for Industrial Economics of the PRUE
Address: Plekhanov Russian University of Economics, 36 Stremyanny Lane, Moscow, 117997, Russian Federation
Anna A. Moskaleva
Financial University under Government of Russian Federation
Russian Federation
Russian Federation
Lecturer of the Department for Language Training of the Financial University under Government of Russian Federation
Address: Financial University under Government of Russian Federation, 1 Kibalchicha str., Moscow, 129164, Russian Federation
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Review
For citations:
Savchenko E.O., Moskaleva A.A. ANALYZING FACTORS OF DIVIDEND POLICY ILLUSTRATED BY COMPANIES OF NASDAQ 100 INDEX. Vestnik of the Plekhanov Russian University of Economics. 2018;(1):161-166. (In Russ.) https://doi.org/10.21686/2413-2829-2018-1-161-166
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