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2009 | 56 | 4 | 322-342
Article title

LOWER RISKS - HIGHER DIVIDENDS? EXAMINING THE RELATION OF BETA TO DIVIDEND PROPORTION ON THE BUDAPEST STOCK EXCHANGE, 1997-2007 (Hungarian tite - below)

Title variants
Languages of publication
HU
Abstracts
EN
(Title in Hungarian - 'Alacsonyabb kockazat - nagyobb osztalek? A reszvenykockazat es az osztalekfizetesi hanyad kapcsolatanak vizsgalata a Budapesti Ertektozsden, 1997-2007'). According to results in the literature on dividend policy, there is a connection between firms' dividend payout ratio and their market risk of them - riskier companies pay out less of their profits to their shareholders. The authors' research into the Hungarian stock-market yields similar findings. With each method used, correlation, factor and cluster analysis shows that firms with lower beta typically pay higher dividends, while riskier stocks have a lower pay-out ratio.
Year
Volume
56
Issue
4
Pages
322-342
Physical description
Document type
ARTICLE
Contributors
author
  • Gergely Fazekas, no address given, contact the journal editor
References
Document Type
Publication order reference
Identifiers
CEJSH db identifier
10HUAAAA078732
YADDA identifier
bwmeta1.element.c6cd8abb-211e-3d51-85e9-2a1d2023ab12
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