본문 바로가기

추천 검색어

실시간 인기 검색어

학술논문

Share Repurchase and Cash Dividend - Substitute or Complement? Analysis from the Vietnam Securities Market

이용수 15

영문명
Share Repurchase and Cash Dividend - Substitute or Complement? Analysis from the Vietnam Securities Market
발행기관
People & Global Business Association
저자명
Dang Trung Kien Yi-Pei Chen
간행물 정보
『Global Business and Finance Review』Vol.29 No.3, 120~135쪽, 전체 16쪽
주제분류
경제경영 > 경영학
파일형태
PDF
발행일자
2024.04.30
4,720

구매일시로부터 72시간 이내에 다운로드 가능합니다.
이 학술논문 정보는 (주)교보문고와 각 발행기관 사이에 저작물 이용 계약이 체결된 것으로, 교보문고를 통해 제공되고 있습니다.

1:1 문의
논문 표지

국문 초록

영문 초록

Purpose: The purpose of this report was to assess the relationship among the cash dividend payout and share repurchase, through essential cash distribution methods adopted by Vietnamese publicly listed companies. The complementary along with substitute relationship from these financial practices might contribute to determine the financial managerial behavior in Vietnam as a leading development emerging market within Asia Pacific area. Design/methodology/approach: The research applied regression analysis technique to determine the nonlinear relationship among the share repurchase and cash dividend. Findings: The research found the nonlinear relationship among the change in dividend along with the repurchase yield. Moreover, the research found a significant positive correlation which reveals the prominent of complementary impact in the complete sample. The results and estimations of the research are consistent in robustness tests. There is a nonlinear relationship between the change in dividend and the repurchase yield. In addition, a significantly positive correlation reveals the dominant of complementary effect in the whole sample. The results are consistent in robustness tests. Research limitations/implications: It is crucial to ensure that there is an essential scope for the enhancement which remains and it is a component of the future study such as the influence of the stock dividend through various practice while companies are partly dominated or effected by the government, through the characteristics as the emerging markets such as Vietnam, as they are interesting topics which need further study. Originality/value: Through a comprehensive analysis, the study outcomes propose that Vietnamese listed companies should meticulously assess their future growth concerning share repurchase and other capital distribution activities. This strategy should take into account the involvement of various stakeholders and their benefit.

목차

Ⅰ. Introduction
Ⅱ. Literature Review
Ⅲ. Methodology
Ⅳ. Results and Discussions
Ⅴ. Conclusions
References

키워드

해당간행물 수록 논문

참고문헌

교보eBook 첫 방문을 환영 합니다!

신규가입 혜택 지급이 완료 되었습니다.

바로 사용 가능한 교보e캐시 1,000원 (유효기간 7일)
지금 바로 교보eBook의 다양한 콘텐츠를 이용해 보세요!

교보e캐시 1,000원
TOP
인용하기
APA

Dang Trung Kien,Yi-Pei Chen. (2024).Share Repurchase and Cash Dividend - Substitute or Complement? Analysis from the Vietnam Securities Market. Global Business and Finance Review, 29 (3), 120-135

MLA

Dang Trung Kien,Yi-Pei Chen. "Share Repurchase and Cash Dividend - Substitute or Complement? Analysis from the Vietnam Securities Market." Global Business and Finance Review, 29.3(2024): 120-135

결제완료
e캐시 원 결제 계속 하시겠습니까?
교보 e캐시 간편 결제