Economics at your fingertips  

Prediction model of dividend payment of Czech joint stock companies

Frantisek Sejkora ()
Additional contact information
Frantisek Sejkora: University of Pardubice, Faculty of Economics and Administration

International Journal of Entrepreneurial Knowledge, 2016, vol. 4, issue 2, 51-61

Abstract: The dividend payment is the very important part of investment decision for many stockholders. Results of this text identify finance factors that influence the management in dividend policy within the examined branch “Production and distribution of electric energy, gas and water”. Seven regressive models were created and they identify and define the effect of individual factors on the dividend payment among individual owner´s types. The retained earnings, the rate of return of invested assets in total and the size of company have the positive effect on the dividend payment. For the purpose of better interpretation the individual factors were quantified in form of the chance that the company will pay the dividend when compared to the fact that the company is not going to pay any dividend. The resulting regressive model was subsequently validated using the classification table and the receiver operating characteristic curve.

Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed

Downloads: (external link),v.4_sejkora,f..pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

International Journal of Entrepreneurial Knowledge is currently edited by Aleksandr Kljucnikov

More articles in International Journal of Entrepreneurial Knowledge from VSP Ostrava, a. s. Contact information at EDIRC.
Bibliographic data for series maintained by Aleksandr Kljucnikov ().

Page updated 2018-08-04
Handle: RePEc:jek:journl:v:4:y:2016:i:2:p:51-61