dc.contributor.author |
Dilshani, L.D.C. |
|
dc.contributor.author |
Abeywardhana, D.K.Y. |
|
dc.date.accessioned |
2019-01-23T04:48:06Z |
|
dc.date.available |
2019-01-23T04:48:06Z |
|
dc.date.issued |
2018 |
|
dc.identifier.citation |
Dilshani, L.D.C. and Abeywardhana, D.K.Y. (2018). The Impact of Dividend Policy on Shareholders’ Wealth and Business Performance of Listed Manufacturing Companies in Sri Lanka. 4th International Conference for Accounting Researchers and Educators, Department of Accountancy, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka. p14 |
en_US |
dc.identifier.uri |
http://repository.kln.ac.lk/handle/123456789/19624 |
|
dc.description.abstract |
The dividend policy plays a major role in current business as most important financial
policy not only from the viewpoint of the company, but also from that of the
shareholders, the consumers, employees, regulatory bodies and the Government. The
study aims to identify how the dividend policy influences to the shareholders ‘wealth
and the business performance of listed manufacturing companies in Sri Lanka.
Dividend per share (DPS) and Dividend payout (DPO) were used as Dividend policy
indicators while Return on Equity (ROE) used as business performance indicator and
earning per share (EPS) and Market share price (MSP) used as shareholders’ wealth
indicator. The study used secondary data of 41 manufacturing companies covering
the period of 2012 to 2017. Data were analyzed using regression analysis and EViews
package.The result reveals that dividend policy has positively significance impact on
shareholders’ wealth and the business performance of listed manufacturing
companies in Sri Lanka |
en_US |
dc.language.iso |
en |
en_US |
dc.publisher |
4th International Conference for Accounting Researchers and Educators, Department of Accountancy, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka |
en_US |
dc.subject |
Dividend Policy |
en_US |
dc.subject |
Earning per share (EPS) |
en_US |
dc.subject |
Market share price (MSP) |
en_US |
dc.subject |
Return on equity (ROE) and Manufacturing companies |
en_US |
dc.title |
The Impact of Dividend Policy on Shareholders’ Wealth and Business Performance of Listed Manufacturing Companies in Sri Lanka |
en_US |
dc.type |
Article |
en_US |