Tóm tắt nội dung: The purpose of this study was to identify the financial features that distinguish dividend-paying firms from non-dividend-paying companies in the U.S. hospitality industry. The logistic regression model shows that firm size and profitability are significant drivers of dividend payout, whereas investment opportunities deter dividend payout.
Tác giả: Hyunjoon Kim, Zheng Gu
Xuất bản: South Korea
Số phát hành: 2008
Mô tả vật lý: 8tr.
Dạng tài liệu: Báo
Nguồn gốc: Scient Direct
Ngôn ngữ: Eng
Tài liệu: Xem toàn văn
Tóm tắt nội dung: The purpose of this study was to identify the financial features that distinguish dividend-paying firms from non-dividend-paying companies in the U.S. hospitality industry. The logistic regression model shows that firm size and profitability are significant drivers of dividend payout, whereas investment opportunities deter dividend payout. In the U.S. hospitality industry, larger hospitality firms with higher profitability but fewer investment opportunities are more likely to pay out dividends to their shareholders.
