The Impact of Firm Size on Dividend Behaviour: A Study With Reference to Corporate Firms across Industries in India

作者: Veeramuthu Packkirisamy , Azhagaiah Ramachandran

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摘要: The objective of this paper is to examine the association between Corporate Leverage (CL) and Dividend Policy (DP) firms across industries in India respect Size Firms. investigation conducted on a panel sample 73 [Cement, Chemical Fertilizer, it, Oil Gas, Pharmaceutical, Shipping, Textiles], which listed their shares National Stock Exchange (NSE) for period 1996–2007. impacts Capital Structure (CS) variables (leverage) DP measures – dividend payout (Net paid/net income) presence some basic fundamental are considered be determinants DP, using Multiple Regression Technique (OLS method). results cross-sectional ols Model selected under various sectors show that there significant effect independent variables. Therefore, study proves Small Size, Medium Large Overall Firms dependent level debt CS.

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