Research on the Impact of Dividend Policy on the Performance of Listed Companies’ Market Value Management

DOI

10.2991/assehr.k.200801.049How to use a DOI?

Keywords

Dividend Policy, Market Value Management, Stock dividend, Cash dividend

Abstract

To explore the impact of different dividend policies on the market value management of listed companies, the MVM value obtained by reducing the dimensionality of the market value management evaluation index (MVM) system is used as the proxy variable of the market value management, and then the empirical test is carried out by using the propensity score value matching method and the panel regression model. The results show that the implementation of the cash dividend policy does not play a significant role in the market value management level, and the stock dividend policy will have a significant positive impact.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Yan-liang ZHANG
AU  - Bing-qian HUO
AU  - Le-ya ZHANG
PY  - 2020
DA  - 2020/08/01
TI  - Research on the Impact of Dividend Policy on the Performance of Listed Companies’ Market Value Management
BT  - Proceedings of the 2020 International Conference on Social Science, Economics and Education Research (SSEER 2020)
PB  - Atlantis Press
SP  - 201
EP  - 204
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.200801.049
DO  - 10.2991/assehr.k.200801.049
ID  - ZHANG2020
ER  -