Effect of State Ownership on Firm Performance and Dividend Payout Policy

Mojtba Rafiei and Seyede Atefe Hosseni Far

International Journal of Academic Research in Business and Social Sciences, 2014, vol. 4, issue 7, 213-219

Abstract: This study aims to investigate impact of state ownership on firm performance and dividend policy in context of Iran. An analysis has been made as evidence taking sample of listed non-financing firms from the Tehran Stock Exchange (TSE). Our sample consists of non-financial firms listed on Tehran stock exchange between 2009 and 2011. Our results direct that state ownership has a positive and significant relationship with firm's performance and dividend payout.

Keywords: State ownership; firm return and dividend payout (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:hur:ijarbs:v:4:y:2014:i:7:p:213-219

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