Mediating role of dividend policy among its determinants and organizational financial performance
Year: 2018
Type: article
Study design: Observational Study
Abstract: The mediating mechanism of dividend policy remained untapped between financial performance, uncertainty, corporate social responsibility (CSR) and stakeholders’ interest. However, this study contributes to the body of knowledge and discovers the mediating role of dividend policy between financial performance, uncertainty, CSR and stakeholders’ interest. Data is collected through a questionnaire from CFO’s/financial managers of Pakistani corporate sector. Structural Equation Modeling (SEM) is used to analyze the results through AMOS. Uncertainty, CSR, and stakeholders’ interests have a significant impact on financial performance. It is found partial mediation between uncertainty and financial performance whereas dividend policy fully mediates the CSR, stakeholders’ interest and financial performance.
Source: Cogent Economics & Finance
Authors: Ahmed Imran Hunjra, David McMillan
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: gold
Estimated APC paid: $1,165
OpenAlex ID: W2905000412