THE IMPACTS OF STOCK LIQUIDITY ON DIVIDEND POLICY: EVIDENCE FROM LISTED FIRMS ON HOCHIMINH STOCK EXCHANGE

This study investigates the relationship between stock liquidity and corporate dividend policy of 267 listed firms on the Hochiminh Stock Exchange during the period from 2008 to 2016. The empirical results statistically indicate a significant negative relationship between stock liquidity and dividen...

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Main Authors: Phùng Đức Nam, Hoàng Thị Phương Anh, Lê Thị Thanh Vương
Format: Article
Language:English
Published: Dalat University 2018-07-01
Series:Tạp chí Khoa học Đại học Đà Lạt
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Online Access:http://tckh.dlu.edu.vn/index.php/tckhdhdl/article/view/461
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author Phùng Đức Nam
Hoàng Thị Phương Anh
Lê Thị Thanh Vương
author_facet Phùng Đức Nam
Hoàng Thị Phương Anh
Lê Thị Thanh Vương
author_sort Phùng Đức Nam
collection DOAJ
description This study investigates the relationship between stock liquidity and corporate dividend policy of 267 listed firms on the Hochiminh Stock Exchange during the period from 2008 to 2016. The empirical results statistically indicate a significant negative relationship between stock liquidity and dividend policy in the context of Vietnam. This means that when a company has a stock with high liquidity, there will be a high possibility that the company will not pay out dividends or pay no dividends.
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series Tạp chí Khoa học Đại học Đà Lạt
spelling doaj-art-85efc0951562469c9f8097c1666319492025-02-02T03:35:39ZengDalat UniversityTạp chí Khoa học Đại học Đà Lạt0866-787X0866-787X2018-07-0181S13314410.37569/DalatUniversity.8.1S.461(2018)244THE IMPACTS OF STOCK LIQUIDITY ON DIVIDEND POLICY: EVIDENCE FROM LISTED FIRMS ON HOCHIMINH STOCK EXCHANGEPhùng Đức Nam0Hoàng Thị Phương Anh1Lê Thị Thanh Vương2Khoa Tài Chính, Trường Đại học Kinh Tế Thành phố Hồ Chí MinhKhoa Tài Chính, Trường Đại học Kinh Tế Thành phố Hồ Chí MinhKhoa Tài Chính, Trường Đại học Kinh Tế Thành phố Hồ Chí MinhThis study investigates the relationship between stock liquidity and corporate dividend policy of 267 listed firms on the Hochiminh Stock Exchange during the period from 2008 to 2016. The empirical results statistically indicate a significant negative relationship between stock liquidity and dividend policy in the context of Vietnam. This means that when a company has a stock with high liquidity, there will be a high possibility that the company will not pay out dividends or pay no dividends.http://tckh.dlu.edu.vn/index.php/tckhdhdl/article/view/461chính sách chi trả cổ tứchosethanh khoản cổ phiếu.
spellingShingle Phùng Đức Nam
Hoàng Thị Phương Anh
Lê Thị Thanh Vương
THE IMPACTS OF STOCK LIQUIDITY ON DIVIDEND POLICY: EVIDENCE FROM LISTED FIRMS ON HOCHIMINH STOCK EXCHANGE
Tạp chí Khoa học Đại học Đà Lạt
chính sách chi trả cổ tức
hose
thanh khoản cổ phiếu.
title THE IMPACTS OF STOCK LIQUIDITY ON DIVIDEND POLICY: EVIDENCE FROM LISTED FIRMS ON HOCHIMINH STOCK EXCHANGE
title_full THE IMPACTS OF STOCK LIQUIDITY ON DIVIDEND POLICY: EVIDENCE FROM LISTED FIRMS ON HOCHIMINH STOCK EXCHANGE
title_fullStr THE IMPACTS OF STOCK LIQUIDITY ON DIVIDEND POLICY: EVIDENCE FROM LISTED FIRMS ON HOCHIMINH STOCK EXCHANGE
title_full_unstemmed THE IMPACTS OF STOCK LIQUIDITY ON DIVIDEND POLICY: EVIDENCE FROM LISTED FIRMS ON HOCHIMINH STOCK EXCHANGE
title_short THE IMPACTS OF STOCK LIQUIDITY ON DIVIDEND POLICY: EVIDENCE FROM LISTED FIRMS ON HOCHIMINH STOCK EXCHANGE
title_sort impacts of stock liquidity on dividend policy evidence from listed firms on hochiminh stock exchange
topic chính sách chi trả cổ tức
hose
thanh khoản cổ phiếu.
url http://tckh.dlu.edu.vn/index.php/tckhdhdl/article/view/461
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