dc.description.abstract | Dividend policy is a key component of corporate finance and has a significant impact
on both the interests of shareholders and the financial success of businesses (Brigham &
Daves, 2019). The choice of whether to pay dividends, the amount to pay, and the
frequency of payments can have a big influence on the stock value of a firm and the
happiness of its investors (Ross, Westerfield & Jordan, 2018). Scholars and practitioners
have been interested in the connection between dividend policy and stock prices for
decades (Gavrilova & Lu, 2021). This is because dividends are one of the key factors
influencing stock prices and are sometimes viewed as the most significant indicator of a
company's value. | en_US |