MétaCan
Menu
Back to cohort

Do dividends matter? Some evidence from an emerging market

2010· article· en· W2269918791 on OpenAlexaff
Nelson Waweru

Bibliographic record

VenueSouth African Journal of Accounting Research · 2010
Typearticle
Languageen
FieldBusiness, Management and Accounting
TopicCorporate Finance and Governance
Canadian institutionsYork University
Fundersnot available
KeywordsDividendDividend policyStock exchangeEarningsBusinessMarket liquidityMonetary economicsShare priceProfitability indexPaymentFinancial economicsEconomicsFinancial systemAccountingFinance

Abstract

fetched live from OpenAlex

This study investigated the information content theory of dividends in the Kenyan Stock market. Data was obtained from the Nairobi Stock Exchange (NSE) hand book for the period 2001–2007. Using regression analysis, the study attempted to determine the factors that influence dividend payments in the subject companies. The results of this study indicate that dividend payments are mainly influenced by the current year’s income followed by the company’s retained earnings. The study also found a significant relationship between the share prices of the companies and the dividends paid. We conclude that whereas profitability drive share prices, dividends also influence the share prices of the companies listed on the NSE. Therefore managers may use dividends to convey information. However the study found no significant relationship between dividend payment and liquidity.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.006
metaresearch head score (Gemma)0.002
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesScholarly communication, Insufficient payload (model declined to judge)
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: Observational
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.010
Threshold uncertainty score1.000

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0060.002
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0010.001
Science and technology studies0.0000.000
Scholarly communication0.0020.007
Open science0.0020.000
Research integrity0.0000.002
Insufficient payload (model declined to judge)0.0020.001

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.060
GPT teacher head0.323
Teacher spread0.264 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations2
Published2010
Admission routes1
Has abstractyes

Explore more

Same venueSouth African Journal of Accounting ResearchSame topicCorporate Finance and GovernanceFrench-language works237,207