Ownership Structure and Dividend Policy of Vietnamese Enterprises after the Global Financial Crisis

• 발행기관: 한국유통과학회
• 저자명: Pham, Quoc Viet Luong, Quoc Trong Vinh Tran, Bao Vy
• 간행물 정보: 『KODISA ICBE (International Conference on Business and Economics)』2019 International Conference on Business and Economics (ICBE 2019), 163~165쪽, 전체 3쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2019.07.08

영문 초록

The paper examines the impact of ownership structure on the dividend policy of listed companies in the Vietnam stock market after the global financial crisis. The sample uses panel data including 91 corporates listed on the Ho Chi Minh City Stock Exchange (HOSE) for 2009-2015. The results of the study show that public ownership and domestic private ownership are positive correlated with dividend payout ratio, while the effect of foreign ownership on dividend policy is not significant. This result could provide an important implication on the orientation of restructuring state-owned enterprises and attracting foreign investment in Vietnam stock market in the future.

목차

1. Introduction

2. Literature Review

3. Data and Methodology

4. Research Results

5. Policy Implication

키워드

Ownership structure Dividend policy