Isibor, Areghan Akhanolu and Modebe, Nwanneka J. and Okoye, Lawrence U. and Ado, Ahmed (2017) DIVIDEND POLICY AND VALUE OF THE FIRM: IS DIVIDEND RELEVANT OR NOT? ESUT JOURNAL OF ACCOUNTANCY, 8 (1).
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Abstract
This study examines the possible effects of dividend policy on firm value. The study covers 10 quoted companies studied for the period of 1995 - 2015. In so doing, the methodology adopted is the ordinary least square regression analysis for primary data analyses and multiple regression analysis for the secondary data analyses with models MPS (Market Price per Share) as dependent variable, EPS (Earnings per Share) and DPS (Dividend Per Share) as independent variables. The study shows the relevance of dividend as a signaling model and proves that firm value is greatly influenced by dividend policy as far as public limited companies are concerned.
| Item Type: | Article |
|---|---|
| Subjects: | H Social Sciences > HF Commerce > HF5601 Accounting H Social Sciences > HG Finance |
| Divisions: | Faculty of Law, Arts and Social Sciences > School of Social Sciences |
| Depositing User: | Mrs Patricia Nwokealisi |
| Date Deposited: | 12 Feb 2018 12:33 |
| Last Modified: | 12 Feb 2018 12:33 |
| URI: | http://eprints.covenantuniversity.edu.ng/id/eprint/10194 |
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