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

Downloads

Published

2022-05-19

How to Cite

1.
مرهج م, قلاب ف. Growth Opportunities, Capital Structure And Dividend Policy (An applied study on companies listed on the Damascus Securities Exchange). Tuj-econ [Internet]. 2022May19 [cited 2025Apr.6];44(2):129-48. Available from: https://journal.tishreen.edu.sy/index.php/econlaw/article/view/12343

Issue

Vol. 44 No. 2 (2022): Tishreen University Journal of Research and Scientific Studies - Economic and Legal Sciences

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

  • The authors retain the copyright and grant the right to publish in the magazine for the first time with the transfer of the commercial right to Tishreen University Journal of Research and Scientific Studies - Economic and Legal Sciences

     Under a CC BY- NC-SA 04 license that allows others to share the work with of the work's authorship and initial publication in this journal. Authors can use a copy of their articles in their scientific activity, and on their scientific websites, provided that the place of publication is indicted in  Tishreen University Journal of Research and Scientific Studies - Economic and Legal Sciences   .  The Readers have the right to send, print and subscribe to the initial version of the article, and the title of Tishreen University Journal of Research and Scientific Studies - Economic and Legal Sciences Publisher

  • journal uses a CC BY-NC-SA license which mean

    You are free to:

    • Adapt — remix, transform, and build upon the material
    •  
    • The licensor cannot revoke these freedoms as long as you follow the license terms.

  • Attribution — You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.

  • NonCommercial — You may not use the material for commercial purposes.

  • ShareAlike — If you remix, transform, or build upon the material, you must distribute your contributions under the same license as the original.

  • No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.