期刊名称：Journal of Public Administration, Finance and Law
印刷版ISSN：2285-2204
电子版ISSN：2285-3499
出版年度：2016
卷号：10
期号：1
页码：107-112
语种：English
出版社：Technopress
摘要：The aim of the paper is to investigate the impact of dividend policy on firm value.Our sample consists of sixty-three non-financial firms listed on the Bucharest Stock Exchange over the period 2001- 2011.Employing a fixed effects model,we found that dividend pay-out ratio positively influences firm value after controlling for other firm-specific variables.Furthermore,leverage and firm size were found to have a positive effect on firm value.
