Effect of Taxation on Dividend Policy of Quoted Deposit Money Banks in Nigeria (2006-2015). - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Effect of Taxation on Dividend Policy of Quoted Deposit Money Banks in Nigeria (2006-2015). write by Mary-Fidelis Chidoziem Abiahu. This book was released on 2017. Effect of Taxation on Dividend Policy of Quoted Deposit Money Banks in Nigeria (2006-2015). available in PDF, EPUB and Kindle. The study considers the effect of taxation on the dividend policy of banks in Nigeria. The study was set out to determine the relationship between dividend and taxes and to find out whether taxes affect the dividends of the quoted deposit money banks in the Nigerian Stock Exchange from 2006 to 2015. Three specific objectives were derived. In pursuance of the objectives of this study, ex-post facto research design was adopted. The study made use of secondary data obtained from the Nigeria Stock Exchange (NSE) publications, fact books, annual reports and account of the selected quoted banks. The relevant data were subjected to statistical analysis using Pearson coefficient of correlation, and Ordinary Least Square (OLS) regression. The result of this study reveals that there is a negative significant relationship between tax and dividend policy. More so, that tax has statistically significant effect on dividend policy of banks. This study recommends amongst others, that management of banks should design a dividend policy that will better the lots of shareholders and maximize the value of the bank.
The Effect of Taxes on Dividend Policy of Banks in Nigeria
The Effect of Taxes on Dividend Policy of Banks in Nigeria - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Effect of Taxes on Dividend Policy of Banks in Nigeria write by Matthias A. Nnadi. This book was released on 2006. The Effect of Taxes on Dividend Policy of Banks in Nigeria available in PDF, EPUB and Kindle. The study explores the impact of taxes on the dividend policy particularly in banks in Nigeria. The study was set out to examine the relationship of profit, dividend and taxes especially in the banking sector. The research underscores the theoretical assumptions of the Mamp;M theory. The standard multiple regression analysis was applied in testing the hypothesis. The study identified pattern of past dividends, concern about maintaining a target capital structure, current degree of financial leverage, shareholder need for dividend income, legal rules and constraints; such as impairment of capital, the desire to send favourable signals to investors, the desire to conform to the industry's dividend payout among factors influencing dividend policy of banks. The analyses of the study show a significant correlation between taxes and dividend structure of the banks and also suggest that profit is a major variable in the formation of dividend policy of the organisations. This is supported by the hypothesis, which showed significant effect of profit on dividend and a positive correlation between profit, tax and dividend. The finding corroborates the postulations of some financial theorists and recommends capital gains in lieu of dividend for high taxpayers and that an adoption of a dividend policy by banks particularly in Nigeria should be strictly considered based on the unique circumstances of the bank and not necessarily based on age long traditional factors often formulated by academics.
The Effect of Taxes on Dividend Policy of Banks in Nigeria
The Effect of Taxes on Dividend Policy of Banks in Nigeria - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Effect of Taxes on Dividend Policy of Banks in Nigeria write by Meg Akpomi. This book was released on 2010. The Effect of Taxes on Dividend Policy of Banks in Nigeria available in PDF, EPUB and Kindle. The study explores the impact of taxes on the dividend policy of Nigerian banks. It underscores the theoretical assumptions of the Mamp;M theory. The study identified pattern of past dividends, concern about maintaining a target capital structure, current degree of financial leverage, shareholder needs for dividend income, legal rules and constraints; such as impairment of capital, the desire to send favorable signals to investors, the desire to conform to the industry's dividend payout among factors influencing dividend policy of banks. The analyses of the study show a significant correlation between taxes and dividend structure of the banks and also suggest that profit is a major variable in the formation of dividend policy of the organizations. This is supported by the hypothesis, which showed significant effect of profit on dividend and a positive correlation between profit, tax and dividend. The finding corroborates the postulations of some financial theorists and recommends capital gains in lieu of dividend for high taxpayers and that an adoption of a dividend policy by banks particularly in Nigeria should be strictly considered based on the unique circumstances of the bank and not necessarily based on age long traditional factors often formulated by academics.
Dividend Policy and Behavior in Emerging Markets
Dividend Policy and Behavior in Emerging Markets - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Dividend Policy and Behavior in Emerging Markets write by Jack D. Glen. This book was released on 1995. Dividend Policy and Behavior in Emerging Markets available in PDF, EPUB and Kindle.
Shock Waves
Shock Waves - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Shock Waves write by Stephane Hallegatte. This book was released on 2015-11-23. Shock Waves available in PDF, EPUB and Kindle. Ending poverty and stabilizing climate change will be two unprecedented global achievements and two major steps toward sustainable development. But the two objectives cannot be considered in isolation: they need to be jointly tackled through an integrated strategy. This report brings together those two objectives and explores how they can more easily be achieved if considered together. It examines the potential impact of climate change and climate policies on poverty reduction. It also provides guidance on how to create a “win-win†? situation so that climate change policies contribute to poverty reduction and poverty-reduction policies contribute to climate change mitigation and resilience building. The key finding of the report is that climate change represents a significant obstacle to the sustained eradication of poverty, but future impacts on poverty are determined by policy choices: rapid, inclusive, and climate-informed development can prevent most short-term impacts whereas immediate pro-poor, emissions-reduction policies can drastically limit long-term ones.
