Pregled bibliografske jedinice broj: 764162
THE DETERMINANTS OF THE DIVIDEND SIZE IN CROATIA
THE DETERMINANTS OF THE DIVIDEND SIZE IN CROATIA // UTMS Journal of Economics (Skopje), 4 (2013), 2; 143-151 (podatak o recenziji nije dostupan, prethodno priopćenje, znanstveni)
CROSBI ID: 764162 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
THE DETERMINANTS OF THE DIVIDEND SIZE IN CROATIA
Autori
Kožul, Antonija ; Mihalina, Emil
Izvornik
UTMS Journal of Economics (Skopje) (1857-6974) 4
(2013), 2;
143-151
Vrsta, podvrsta i kategorija rada
Radovi u časopisima, prethodno priopćenje, znanstveni
Ključne riječi
dividends; dividend policy; factors
Sažetak
Previous researches identified certain micro- level characteristics of the company as important determinants of dividend level company choose. However, significant differences were noticed in the sensitivity of dividend size on same factors among different countries. This paper empirically examines determinants of the dividend size of Croatian companies. The results show on average significant influence of profitability and debt level on the size of the dividends. Influence of size of the company and stability of profitability/earnings on the dividend size is not statistically confirmed. The reason for high sensitivity of dividend size on the profitability and debt level can be found in high financial constraints under which Croatian companies operate.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
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