| 000 -LEADER |
| fixed length control field |
01159nam a22001577a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
| fixed length control field |
211218b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
| Personal name |
Bhat, R., Pandey, I.M. and Patel, S. |
| 245 ## - TITLE STATEMENT |
| Title |
Dividend behaviour of Indian companies post macroeconomic policy shock |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
| Place of publication, distribution, etc |
Economic & Political Weekly |
| 300 ## - PHYSICAL DESCRIPTION |
| Extent |
56(35), 28 Aug, 2021: p.54-60 |
| 520 ## - SUMMARY, ETC. |
| Summary, etc |
The impact of the macroeconomic shock of demonetisation in 2016 on the dividend payout policy of Indian companies is examined. The analyses of 2,157 Indian companies’ data for the period from 2013 to 2018 find that both aggregate dividend payout ratio and the number of companies paying dividends dropped in post-demonetisation years. The results of the dynamic system generalised method of moments show that the long-term target dividend payout ratio declined by 9.31% post demonetisation. The study suggests that major macroeconomic shocks affect the dividend payout decisions of companies. – Reproduced
|
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Topical term or geographic name as entry element |
Demonetisation, Indian Economy, Macroeconomy, Economy - India |
| 9 (RLIN) |
31572 |
| 773 ## - HOST ITEM ENTRY |
| Main entry heading |
Economic & Political Weekly |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) |
| Subject DIP |
DEMONETISATION |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
| Item type |
Articles |