Historic income versus inflation-adjusted income in the dividend decision

South African Journal of Business Management

 
 
Field Value
 
Title Historic income versus inflation-adjusted income in the dividend decision
 
Creator Du Plessis, D. P. Archer, A. A. Affleck-Graves, J. F.
 
Subject — —
Description An attempt is made to determine to what extent companies take into account the effects of inflation in formulating their dividend decisions. The research design incorporates a two-stage regression approach which permits a determination of the incremental explanatory power of collinear variables. The research findings suggest that dividend decisions are best explained in terms of historic earnings. It therefore appears as if management does not take the effects of inflation into account in formulating dividend policy. This could have serious implications for the survival of a company because it could result in a real dividend cover of less than one.
 
Publisher AOSIS
 
Contributor
Date 1986-09-30
 
Type info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion —
Format application/pdf
Identifier 10.4102/sajbm.v17i3.1044
 
Source South African Journal of Business Management; Vol 17, No 3 (1986); 119-124 2078-5976 2078-5585
 
Language eng
 
Relation
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:

https://sajbm.org/index.php/sajbm/article/view/1044/986
 
Coverage — — —
Rights Copyright (c) 2018 D. P. Du Plessis, A. A. Archer, J. F. Affleck-Graves https://creativecommons.org/licenses/by/4.0
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