Empirical relationship between the dividend and investment decision: Do emerging market firms behave differently?
Empirical relationship between the dividend and investment decision: Do emerging market firms behave differently?
| dc.contributor.author | Bhaduri, Saumitra N. | |
| dc.contributor.author | Durai, S. Raja Sethu | |
| dc.date.accessioned | 2022-03-27T02:09:51Z | |
| dc.date.available | 2022-03-27T02:09:51Z | |
| dc.date.issued | 2006-05-01 | |
| dc.description.abstract | This study provides an emerging economy perspective towards the Miller and Modigliani (1961) separation principle. Applying a panel Granger causality test proposed by Hurlin and Venet (2004) to the dividend and investment data of 265 Indian manufacturing firms for 1992-2004, the M-M hypothesis is rejected and evidence found in favour of the joint determination of financing and investment decisions. | |
| dc.identifier.citation | Applied Financial Economics Letters. v.2(3) | |
| dc.identifier.issn | 17446546 | |
| dc.identifier.uri | 10.1080/17446540500426813 | |
| dc.identifier.uri | http://www.tandfonline.com/doi/abs/10.1080/17446540500426813 | |
| dc.identifier.uri | https://dspace.uohyd.ac.in/handle/1/4757 | |
| dc.title | Empirical relationship between the dividend and investment decision: Do emerging market firms behave differently? | |
| dc.type | Journal. Article | |
| dspace.entity.type |
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