Please use this identifier to cite or link to this item:
http://repository.kln.ac.lk/handle/123456789/19624
Title: | The Impact of Dividend Policy on Shareholders’ Wealth and Business Performance of Listed Manufacturing Companies in Sri Lanka |
Authors: | Dilshani, L.D.C. Abeywardhana, D.K.Y. |
Keywords: | Dividend Policy Earning per share (EPS) Market share price (MSP) Return on equity (ROE) and Manufacturing companies |
Issue Date: | 2018 |
Publisher: | 4th International Conference for Accounting Researchers and Educators, Department of Accountancy, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka |
Citation: | Dilshani, L.D.C. and Abeywardhana, D.K.Y. (2018). The Impact of Dividend Policy on Shareholders’ Wealth and Business Performance of Listed Manufacturing Companies in Sri Lanka. 4th International Conference for Accounting Researchers and Educators, Department of Accountancy, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka. p14 |
Abstract: | The dividend policy plays a major role in current business as most important financial policy not only from the viewpoint of the company, but also from that of the shareholders, the consumers, employees, regulatory bodies and the Government. The study aims to identify how the dividend policy influences to the shareholders ‘wealth and the business performance of listed manufacturing companies in Sri Lanka. Dividend per share (DPS) and Dividend payout (DPO) were used as Dividend policy indicators while Return on Equity (ROE) used as business performance indicator and earning per share (EPS) and Market share price (MSP) used as shareholders’ wealth indicator. The study used secondary data of 41 manufacturing companies covering the period of 2012 to 2017. Data were analyzed using regression analysis and EViews package.The result reveals that dividend policy has positively significance impact on shareholders’ wealth and the business performance of listed manufacturing companies in Sri Lanka |
URI: | http://repository.kln.ac.lk/handle/123456789/19624 |
Appears in Collections: | ICARE 2018 |
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.