THE IMPACT OF DIVIDEND POLICY ON THE MARKET VALUE OF LISTED MINERAL COMPANIE S IN THE VIETNAM’S SECURITIES MARKET

  • Vũ Thị Thúy Vân
  • Phan Trọng Nghĩa

Abstract

This paper investigates the effect of dividend policy on the market value of mineral companies listed in the Vietnam's securities market by using data of all mineral companies listed in the Vietnam's securities market over the 2006 - 2016 period and pooled OLS specification. The study shows that dividend policy is negatively related to the market value of the companies. In addition, the control variables such as company size, leverage, and rate of return have significant influences on the market value of the companies in the sample.

Keywords: Dividend policy, market value, listed mineral companies.    
điểm /   đánh giá
Published
2020-05-11
Issue
No. 6(01) (2018)
Section
Bài viết