Dividend Policy and Practices in Select Corporate Firms of India and South-East Asia: A Comparative Study

P.K. Jain and Manoj Kumar
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P.K. Jain: Professor Finance, Department of Management Studies, Indian Institute of Technology, New Delhi.
Manoj Kumar: Senior Lecturer, Shri Ram College of Commerce, University of Delhi, Delhi.

Vision, 1997, vol. 1, issue 2, 11-20

Abstract: This paper examines and compares dividend policies and practices of select corporate firms in India and South-East Asia. The study confirms, as suggested by Lintner, that the firms prefer a stable dividend policy. Inter-industry variations, notwithstanding, retained earnings constitute an important source of funds for Indian firms; and the ratio shows a statistically significant increase in the post-liberalisation period.

Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:sae:vision:v:1:y:1997:i:2:p:11-20

DOI: 10.1177/09722629X97001002002

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