JBMR: Journal of Business and Management Review
Vol. 4 No. 8 (2023): (Issue-August)

Institutional Ownership And Dividend Payout Policy In Kenya

Kibet Koskei Buigut (Department of Business and Management, University of Eldoret, Eldoret, Kenya)

Article Info

Publish Date
31 Aug 2023

Abstract

This purpose of this study is to investigate the effect of institutional ownership on dividend payout policy among listed firms in Kenya. The study used a sample of 40 Kenyan listed firms over the period of 2009-2019 collected from published audited financial statements. To test the hypothesized relationships, this study used the fixed effect and random effect panel data. The study used a sample of 40 Kenyan listed firms over the period of 2009-2019 collected from published audited financial statements. To test the hypothesized relationships, this study used the fixed effect and random effect panel data. The empirical findings indicate that foreign and domestic institutional ownerships are significant and positively associated with dividend payout policy

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Journal Info
JBMR: Journal of Business and Management Review
Website

Abbrev

jbmr

Publisher

Profesional Muda Cendekia

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

Journal of Business and Management Review applies theory developed from business research to actual business situations. Recognizing the intricate relationships between the many areas of business activity, JBMR examines a wide variety of business decisions, processes and activities within the actual ...