The determinant of dividend pay-out policy for government-linked companies in Malaysia / Adib Halim Muhammad Azmi

Malaysian government-linked companies (GLCs) value creation process. GLCs, which account 36 percent or the market capitalization of the Malaysian stock market, play an important role in the development of the country's economy. Despite the vital of GLCs in Malaysia, overall public perception of them is not really good by the performance of key players. For a long tisne Malaysian GLCs had under perförmed in comparison to the private sector. The purpose of this study is to explore the dividend behaviour to the determinants or dividend policy. The main objective of this study is to identify the detenninants of dividend pay-out ratios of Malaysian GLCs from 2005 to 2015.