Modelling Correlation between Shareholders Dividends and Corporate Performance in Nigeria

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摘要 ThisstudyexaminedthemodelingcorrelationbetweenshareholdersdividendandcorporateperformanceinNigeria.Thestudyemployedtheexpost-factoresearchdesign.Toobtainanswersontheresearchquestionsandtotestthehypothesesformulated,datawereobtainedfromannualreportsofcompanieslistedontheflooroftheNigeriaStockExchange(NSE)thatdisclosedacomparativestatementfortheperiodof2010to2016.Thedatacollectedwereanalyzedusingdescriptivestatistics.Specifically,simpleregressionanalysisandpairedsamplet-teststatisticswereusedtoanalyzethedata.Theresultsshowedthatthereisnosignificantcorrelationbetweenshareholdersdividendpayoutandtheexplanatoryvariablesinthemodel.TheseresultstakenasawholeindicatethatbankspaydividendinNigeriawiththeintentionofreducingtheagencyconflictandmaintainingfirms'reputation.Thestudyrecommendedthatsincethepaymentofdividendindicatesthefirmhavingagoodearningscapacity,managementshouldmaintainasteadyincreaseinearnings,cashflow,anddividendpaymentandestablishadividendpolicythatcanbeacceptablebyvariousstakeholders.
机构地区 不详
出版日期 2018年10月20日(中国期刊网平台首次上网日期,不代表论文的发表时间)
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