Maladjian, Christopher
(Notre Dame University-Louaize, 2013)
Purpose - This paper aims at investigating the factors determining the dividend payout
policy in the Lebanese banks listed on the Beirut Stock Exchange.
Methodology - To achieve this objective, this study considers the impact of seven
variables, namely, profitability, liquidity, leverage, firm size, growth, firm risk and
previous year's dividend payout on the dividend payout ratios by using an unbalanced
panel dataset of audited financial statement of listed banks between the years of 2005
and 2011. Two models were tested and seven hypotheses were investigated using the
OLS and the dynamic ...