The impact of working capital management on the decision of Indian production firms about the amount of dividends
Document Type
Article
Publication Date
1-1-2019
Originally Published In
International Journal of Business and Globalisation
Volume Number
22
Issue Number
3
Page Numbers
372-388
Abstract
This study examines the impact of working capital management on decisions concerning the extent of distribution of dividends. Results suggest that working capital management plays a role in decisions concerning dividend distribution in the Indian production firms. The findings of this study indicate that cash level has a strong impact on decisions concerning dividend distributions for Indian production firms holding higher cash balances compared with non-dividend paying Indian production firms. This study contributes to the literature on the factors that impact firms' decisions concerning the distribution of dividends.
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