MARC details
000 -LEADER |
fixed length control field |
02532cam a2200301 a 4500 |
003 - CONTROL NUMBER IDENTIFIER |
control field |
EG-GiCUC |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
fixed length control field |
160111s2014 ua f m 000 0 eng d |
040 ## - CATALOGING SOURCE |
Original cataloging agency |
EG-GiCUC |
Language of cataloging |
eng |
Transcribing agency |
EG-GiCUC |
041 0# - LANGUAGE CODE |
Language code of text/sound track or separate title |
eng |
049 ## - LOCAL HOLDINGS (OCLC) |
Holding library |
Deposite |
097 ## - Thesis Degree |
Thesis Level |
Ph.D |
099 ## - LOCAL FREE-TEXT CALL NUMBER (OCLC) |
Classification number |
Cai01.05.01.Ph.D.2014.Hi.D |
100 0# - MAIN ENTRY--PERSONAL NAME |
Personal name |
Hisham Nour Eldin Ahmed Aly |
245 14 - TITLE STATEMENT |
Title |
The determinants of the dividend decision and payout policy for Egyptian listed corporations / |
Statement of responsibility, etc. |
Hisham Nour Eldin Ahmed Aly ; Supervised Osama Abdelkhalik Elansary |
246 15 - VARYING FORM OF TITLE |
Title proper/short title |
محددات قرار توزيع الأرباح و سياسات توزيعها للشركات المصرية المسجلة بالبورصة |
260 ## - PUBLICATION, DISTRIBUTION, ETC. |
Place of publication, distribution, etc. |
Cairo : |
Name of publisher, distributor, etc. |
Hisham Nour Eldin Ahmed Aly , |
Date of publication, distribution, etc. |
2014 |
300 ## - PHYSICAL DESCRIPTION |
Extent |
109 Leaves ; |
Dimensions |
30cm |
502 ## - DISSERTATION NOTE |
Dissertation note |
Thesis (Ph.D.) - Cairo University - Faculty of Commerce - Department of Business Administration |
520 ## - SUMMARY, ETC. |
Summary, etc. |
This thesis examines the patterns and determinants of listed corporate dividends policy and the payout channels in Egypt. In particular, it investigates the choice of the payout channel (i.e. dividends, repurchases, or both) and the impact of the reform program introduced in 1992 on corporate dividends policy. The main results of this study suggest that shareholders are more likely to receive a payout from firms that are more profitable, highly leveraged, mature, with less attractive investment opportunities, institutions owning more than 5% of the capital, and with high free float. These factors are considered relative to the importance of common characteristics in dividends paying. According to the study results, the dividends decision is not sticky, contrary to Lintner{u2019}s model (1956). The payout channel dividends (cash& stock) is the primarily payout channel. The joint effect of dividends and repurchase is the second choice, of the dividends payout channels. Privatized firms (formerly state - owned firms sold to private investors) outperform non - privatized firms in pay dividends. These results support the following hypotheses, The bird - in - the - hand theory, which also supports the Institutional Investor theory. The results also support the signaling theory. In addition, the results support the Agency costs of free cash flow theory |
530 ## - ADDITIONAL PHYSICAL FORM AVAILABLE NOTE |
Additional physical form available note |
Issued also as CD |
653 #4 - INDEX TERM--UNCONTROLLED |
Uncontrolled term |
Dividends |
653 #4 - INDEX TERM--UNCONTROLLED |
Uncontrolled term |
Payout policy |
653 #4 - INDEX TERM--UNCONTROLLED |
Uncontrolled term |
Share repurchase |
700 0# - ADDED ENTRY--PERSONAL NAME |
Personal name |
Osama Abdelkhalik Elansary , |
Relator term |
|
905 ## - LOCAL DATA ELEMENT E, LDE (RLIN) |
Cataloger |
Nazla |
Reviser |
Revisor |
905 ## - LOCAL DATA ELEMENT E, LDE (RLIN) |
Cataloger |
Samia |
Reviser |
Cataloger |
942 ## - ADDED ENTRY ELEMENTS (KOHA) |
Source of classification or shelving scheme |
Dewey Decimal Classification |
Koha item type |
Thesis |