Return to search

Corporate payout policy: a study on multinationality and legal origin

This paper investigates determinants of payout levels and payout composition in multinational corporations and domestic corporations and how payout differs between the two, as well as the effect of a country’s legal tradition on payout, on a worldwide sample. My main findings are that multinational corporations’ total payout is slightly lower than domestic corporations’ payout when taking into account a country’s legal tradition affects. No support is found that multinationals and domestic corporations differ in payout composition and payout composition is not changing over time, according to my results. My findings are partly consistent with theories on how ownership structures and agency problems affect payout policy. Still, the puzzle in unsolved.

Identiferoai:union.ndltd.org:UPSALLA1/oai:DiVA.org:uu-377174
Date January 2019
CreatorsHop, K.G.
PublisherUppsala universitet, Företagsekonomiska institutionen
Source SetsDiVA Archive at Upsalla University
LanguageEnglish
Detected LanguageEnglish
TypeStudent thesis, info:eu-repo/semantics/bachelorThesis, text
Formatapplication/pdf
Rightsinfo:eu-repo/semantics/openAccess

Page generated in 0.0017 seconds