Determinants of dividend policy towards consumer sector in Malaysia / Muhammad Azri

Ruslin, Muhammad Azri (2017) Determinants of dividend policy towards consumer sector in Malaysia / Muhammad Azri. [Student Project] (Unpublished)


This research aims to investigate the factors that influencing dividend policy for the consumer sector in Malaysia. This research study also determines the behaviour of the dividend policy on Malaysian consumer specifically before and after the Global Financial Crisis 2007-2008. The dependent variable used in this research was dividend policy that will be measure by dividend per share. There are six (6) independent variables used in this research which are earnings per share, debt ratio, firm size, growth opportunities, investment opportunities and return on asset. About 15 consumer companies registered under Bursa Malaysia have been chosen in this study. This research use the quantitative secondary data which is panel data. Besides that, this research conducted a multiple regression using Eviews to analyse the data collected by using the statistical method and test on assumption. The findings show that earnings per share, firm size and growth have a significant positive relationship with dividend policy, while investment opportunities has a significant negative relationship with dividend policy. Debt ratio and return on assets have an insignificant positive relationship with dividend policy.


Item Type: Student Project
Email / ID Num.
Ruslin, Muhammad Azri
Email / ID Num.
Thesis advisor
Ismail, Norashikin
Subjects: H Social Sciences > HB Economic Theory. Demography > Business cycles. Economic fluctuations. Economic indicators > Finance and cycles. Financial crises. Convergence (Economics)
H Social Sciences > HG Finance > Financial management. Business finance. Corporation finance > Dividends. Stock dividends. Dividend reinvestment
Divisions: Universiti Teknologi MARA, Johor > Segamat Campus > Faculty of Business and Management
Programme: Bachelor of Business Administration (HONS) Islamic Banking
Keywords: Financial crisis; dividend, Bursa Malaysia; Dividend policy
Date: 2017
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