出版社:The International Institute for Science, Technology and Education (IISTE)
摘要:This study aimed at investigating the impact of re-listing between the first and second market on the dividend policy for the listed companies in the ASE. It also aimed at investigating whether these companies apply a clear dividends policy. The study used data available in the annual reports of the listed companies in the ASE. The study concluded there is a negative significant relationship between re-listing between the first and second market with dividend policy. The results also indicated there is a strong significant positive relationship between EPS, FIXA and ROA with dividend policy. These results suggest that companies classified in the first market do not prefer adopting a constant dividend policy because it accomplished its goal to reaching the market, hence reducing the percentage of distributed profits.