| dc.description.abstract | This thesis is carried out to explore the influence of foreign ownership on corporate dividend policy of listed manufacturing companies on HOSE in the period from 2013 to 2017. After eliminating inappropriate companies, the research ends up with 97 chosen manufacturing companies which equals to 485 observations. Feasible General Least Squares model is the last used model in order to deal with phenomena and test hypotheses.
The results of this study reveals that manufacturing companies have high proportion of foreign ownership associated with small size, more leverage, low profitability as well as much grow opportunities will tend to have less dividend payment whereas firms with low foreign ownership will favor in more cash dividend. Besides, with the adjustment about foreign ownership portion of and the profession of foreign investors in controlling firm’s management, foreign ownership is determined having a significant negative association with dividend policy of selected manufacturing companies on Ho Chi Minh Stock Exchange (HOSE).
Keywords: foreign ownership, dividend policy. | en_US |
