Growth Opportunities, Capital Structure And Dividend Policy (An applied study on companies listed on the Damascus Securities Exchange)

Authors

  • Mounzer Mourhij Tishreen University
  • Faries Kallab Tishreen University

Abstract

 This research aims to determine the impact of growth opportunities and capital structure on the dividend policy (cash and non-cash dividend) in companies listed on the Damascus Securities Exchange during the period (2010-2019). To achieve this objective, the two researchers used a hypothetical-deductive approach to formulate the hypotheses; and analyzed the financial statements of all companies listed in Damascus Securities Exchanges. The research reached the following results: 1- There is an inverse effect of growth opportunities and capital structure on the dividend payout ratio. 2- Growth opportunities inverse affect the decision to distribute cash dividends. 3- There is no effect of growth opportunities and capital structure on the stock dividend ratio. 4- There is an inverse effect of growth opportunities on the decision to pay cash dividend. 5- There is no effect of capital structure on the decision to pay cash dividend. 6- There is no effect of growth opportunities and capital structure on the decision to distribute stock dividend. 7- There is no effect of growth opportunities and capital structure on the zero dividend decision.

 

 

 

Author Biographies

Mounzer Mourhij , Tishreen University

Associate Professor, Department of Business Administration

Faries Kallab , Tishreen University

Postgraduate student (PhD), Department of Business Administration

Published

2022-05-19

How to Cite

مرهج م. ., & قلاب ف. . . . (2022). Growth Opportunities, Capital Structure And Dividend Policy (An applied study on companies listed on the Damascus Securities Exchange). Tishreen University Journal- Economic and Legal Sciences Series, 44(2), 129–148. Retrieved from https://journal.tishreen.edu.sy/index.php/econlaw/article/view/12343

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