Ownership structure and dividend policies in listed companies in Tehran Stock Exchange
عنوان مقاله: Ownership structure and dividend policies in listed companies in Tehran Stock Exchange
شناسه ملی مقاله: ECDC07_036
منتشر شده در هفتمین کنفرانس بین المللی تجارت الکترونیک در کشورهای در حال توسعه با رویکرد بر امنیت ECDC2013 در سال 1392
شناسه ملی مقاله: ECDC07_036
منتشر شده در هفتمین کنفرانس بین المللی تجارت الکترونیک در کشورهای در حال توسعه با رویکرد بر امنیت ECDC2013 در سال 1392
مشخصات نویسندگان مقاله:
Shaer Biabani - Faculty of management, Islamic Azad University of Rasht, Pol-e-Taleshan, Rasht, Iran
Soqra Razi kazemi
خلاصه مقاله:
Shaer Biabani - Faculty of management, Islamic Azad University of Rasht, Pol-e-Taleshan, Rasht, Iran
Soqra Razi kazemi
This paper aims to investigate and compare different ownership structure, dividend policy of Shareholders and concentration of ownership separate in listed companies in Tehran stock exchange.This study is Descriptive-applied which using cross-sectional data about 82 companies listed inTehran Stock Exchange during the period 2004-2010 have been analyzed. Research hypothesis testing using analysis of variance (ANOVA) and significance test for comparison was done by Duncan test. Given the lack of meaningful research hypotheses based on the dividend pay-out ratio(DPR) in the ownership structure of Shareholders of both time and concentration of ownership. Research findings indicate significant differences compared to dividends pay-out ratio (DPR) The different Shareholders of institutional ownership, managerial, corporate and individual ownershipand no significant difference in terms of ownership was concentrated or dispersed. The results indicate that companies generally do not follow the dividend policy of the specificprocess and specific and more based on random walk model act. However, Evidence indicates that firms with institutional shareholders, compared with corporate ownership, managerial and individual shareholders divided into more profits between its shareholders. Also be concentrated or dispersed ownership is not a significant difference in the ratio of dividends
کلمات کلیدی: ownership structure, dividend policy, Shareholders, ownership concentration
صفحه اختصاصی مقاله و دریافت فایل کامل: https://civilica.com/doc/203664/