Issues in Business Management and Economics Vol.1 (1), pp. 001-012 April, 2013
©2013 Journal Issues
Article ID BM03, 12 pages
Original Research Paper
Managers’ perception of dividend policy: Evidence from companies listed on Abu Dhabi Securities Exchange
*Kamal Naser1, Rana Nuseibeh2 and Wojoud Rashed3
1Financial and Economic Advisor, Kuwait Fund.
2 Freelance Financial Analyst.
3 Senior Training Supervisor, Department of Finance, Abu Dhabi.
*Corresponding author. Email: firstname.lastname@example.org
Accepted 20 February, 2013
The aim of the current study is to explore the perception of managers of companies listed on Abu Dhabi exchange about dividend policy. Thirty-four out of fify-nine managers of companies listed on Abu Dhabi Securities Exchange were asked to reflect their experience about different aspects of dividend policy. The bird- in- hand theory received the highest support. The current study extends limited previous research based on questionnaire and survey related dividend policy. It thus provides new evidence from an emerging and fast growing economy.
Key words: Dividends, emerging markets, survey, Abu Dhabi