IDEAS home Printed from https://ideas.repec.org/a/icf/icfjbm/v9y2010i3p63-75.html
   My bibliography  Save this article

Determinants of Dividend Policy in Indian Banks: An Empirical Analysis

Author

Listed:
  • M Sudhahar
  • T Saroja

Abstract

This study analyzes the trends and determinants of the dividend policy of banks in India. The banks which are actively traded under Bombay Stock Exchange (BSE) A and B Groups are considered as sample for the study. A multiple regression model, in addition to Lintner model, extended version of Lintner model, such as Brittain’s cash flow model, Brittain’s explicit depreciation model and Darling’s model, have been used for testing the independent variables. The period of study is for ten years, from 1997-98 to 2006-07. Brittain’s explicit depreciation model is found to be the best model in explaining the dividend policy of the banks. In other words, the last year divided followed by current year depreciation and current year profit after tax play a positive role in the dividend policy for the current year among Indian banks.

Suggested Citation

  • M Sudhahar & T Saroja, 2010. "Determinants of Dividend Policy in Indian Banks: An Empirical Analysis," The IUP Journal of Bank Management, IUP Publications, vol. 0(3), pages 63-75, August.
    • Handle: RePEc:icf:icfjbm:v:9:y:2010:i:3:p:63-75
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Fernau, Erik & Hirsch, Stefan, 2019. "What drives dividend smoothing? A meta regression analysis of the Lintner model," International Review of Financial Analysis, Elsevier, vol. 61(C), pages 255-273.
    2. Urszula Mrzyglod & Sabina Nowak & Magdalena Mosionek-Schweda & Jakub M. Kwiatkowski, 2021. "What drives the dividend decisions in BRICS countries?," Oeconomia Copernicana, Institute of Economic Research, vol. 12(3), pages 593-629, September.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:icf:icfjbm:v:9:y:2010:i:3:p:63-75. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: G R K Murty (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.