{"id":"https://openalex.org/W2765035920","doi":null,"title":"A consideration of the retention ratio and the impact on selected management and investment performance metrics","display_name":"A consideration of the retention ratio and the impact on selected management and investment performance metrics","publication_year":2010,"publication_date":"2010-07-07","ids":{"openalex":"https://openalex.org/W2765035920","mag":"2765035920"},"language":"en","primary_location":{"id":"pmh:oai:repository.up.ac.za:2263/24359","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/2263/24359","pdf_url":"https://repository.up.ac.za/bitstreams/94111608-8a49-4888-83e5-d7ec9d5fc40f/download","source":{"id":"https://openalex.org/S4306401870","display_name":"UpSpace Institutional Repository (University of Pretoria)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I69552723","host_organization_name":"University of Pretoria","host_organization_lineage":["https://openalex.org/I69552723"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Dissertation"},"volume":null,"type":"dissertation","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://repository.up.ac.za/bitstreams/94111608-8a49-4888-83e5-d7ec9d5fc40f/download","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":null,"display_name":"Debbie A. Law","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Debbie A. Law","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":true,"cited_by_count":0,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9901999831199646,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9901999831199646,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.0034000000450760126,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12675","display_name":"Financial Reporting and Valuation Research","score":0.0026000000070780516,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/retention-ratio","display_name":"retention ratio","score":0.8640000224113464},{"id":"https://openalex.org/keywords/dividend-policy","display_name":"dividend policy","score":0.7170000076293945},{"id":"https://openalex.org/keywords/retained-earnings","display_name":"retained earnings","score":0.6880000233650208},{"id":"https://openalex.org/keywords/capital-allocation","display_name":"capital allocation","score":0.7319999933242798},{"id":"https://openalex.org/keywords/stock-prices","display_name":"stock prices","score":0.5540000200271606},{"id":"https://openalex.org/keywords/investor-returns","display_name":"investor returns","score":0.8539999723434448},{"id":"https://openalex.org/keywords/return-on-equity","display_name":"return on equity","score":0.9990000128746033},{"id":"https://openalex.org/keywords/mining-companies","display_name":"mining companies","score":0.4830000102519989},{"id":"https://openalex.org/keywords/south-african-mining-industry","display_name":"South African mining industry","score":0.902999997138977},{"id":"https://openalex.org/keywords/corporate-finance","display_name":"corporate finance","score":0.6060000061988831}],"concepts":[{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.45750096440315247},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.339519202709198},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.32736313343048096},{"id":"https://openalex.org/C21547014","wikidata":"https://www.wikidata.org/wiki/Q1423657","display_name":"Operations management","level":1,"score":0.3229541778564453},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.2832905054092407},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.15685296058654785},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"pmh:oai:repository.up.ac.za:2263/24359","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/2263/24359","pdf_url":"https://repository.up.ac.za/bitstreams/94111608-8a49-4888-83e5-d7ec9d5fc40f/download","source":{"id":"https://openalex.org/S4306401870","display_name":"UpSpace Institutional Repository (University of Pretoria)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I69552723","host_organization_name":"University of Pretoria","host_organization_lineage":["https://openalex.org/I69552723"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Dissertation"},{"id":"mag:2765035920","doi":null,"is_oa":false,"landing_page_url":"https://repository.up.ac.za/handle/2263/24359","pdf_url":null,"source":null,"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":null}],"best_oa_location":{"id":"pmh:oai:repository.up.ac.za:2263/24359","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/2263/24359","pdf_url":"https://repository.up.ac.za/bitstreams/94111608-8a49-4888-83e5-d7ec9d5fc40f/download","source":{"id":"https://openalex.org/S4306401870","display_name":"UpSpace Institutional Repository (University of Pretoria)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I69552723","host_organization_name":"University of Pretoria","host_organization_lineage":["https://openalex.org/I69552723"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Dissertation"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[{"id":"https://openalex.org/F4320320692","display_name":"University of Pretoria","ror":"https://ror.org/00g0p6g84"}],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2765035920.pdf","grobid_xml":"https://content.openalex.org/works/W2765035920.grobid-xml"},"referenced_works_count":41,"referenced_works":["https://openalex.org/W1525491227","https://openalex.org/W1585500105","https://openalex.org/W1984215951","https://openalex.org/W1985349674","https://openalex.org/W1986689194","https://openalex.org/W2000633677","https://openalex.org/W2011243182","https://openalex.org/W2013459455","https://openalex.org/W2015341674","https://openalex.org/W2015915622","https://openalex.org/W2019027741","https://openalex.org/W2019463866","https://openalex.org/W2044349867","https://openalex.org/W2046847749","https://openalex.org/W2049440762","https://openalex.org/W2065601052","https://openalex.org/W2093638134","https://openalex.org/W2123343520","https://openalex.org/W2137310808","https://openalex.org/W2138729574","https://openalex.org/W2142856961","https://openalex.org/W2144470805","https://openalex.org/W2147201153","https://openalex.org/W2170790204","https://openalex.org/W2223768511","https://openalex.org/W2263662604","https://openalex.org/W2314641697","https://openalex.org/W2317220288","https://openalex.org/W2322849799","https://openalex.org/W2511591765","https://openalex.org/W2763199793","https://openalex.org/W3121131820","https://openalex.org/W3121872951","https://openalex.org/W3122295706","https://openalex.org/W3123052676","https://openalex.org/W3123062155","https://openalex.org/W3124032327","https://openalex.org/W3124368692","https://openalex.org/W3124462972","https://openalex.org/W3124789870","https://openalex.org/W3125087107"],"related_works":["https://openalex.org/W7014897274","https://openalex.org/W4241883730","https://openalex.org/W2247386327","https://openalex.org/W2282179480","https://openalex.org/W4311511488","https://openalex.org/W69847221","https://openalex.org/W3093492752","https://openalex.org/W2002197376","https://openalex.org/W3084904205","https://openalex.org/W3133659979"],"abstract_inverted_index":{"They":[0],"would":[1,245,305],"possibly":[2],"be":[3,246,355,375],"less":[4],"contentious":[5],"if":[6],"there":[7,92,128,244],"was":[8,238,241,269,275,291,300],"conclusive":[9],"proof":[10],"that":[11,157,243,302],"managers":[12,43,200],"were":[13,201],"better":[14],"allocators":[15,206],"of":[16,32,39,57,143,150,175,207,228,235,296,334,342,348,385],"capital":[17,46,208,220,362],"generated":[18,209,363],"through":[19,210,364],"income":[20,40,211,256,366],"retained":[21,41,221,255,265,365],"than":[22],"investors.":[23],"Against":[24],"this":[25,27,303],"backdrop,":[26],"study":[28,59,145,194,214,237,304,386],"examines":[29],"the":[30,37,58,68,97,101,105,114,144,151,154,164,173,180,236,278,294,297,325,331,335,340,343,346,368,388],"question":[31],"whether":[33,82,91,127,199,219],"correlations":[34,249,259],"exist":[35],"between":[36,67,96,104,113,132,163],"amount":[38],"by":[42],"to":[44,61,88,125,135,253,263,309,339,360,374],"fund":[45],"and":[47,51,71,74,100,108,112,117,137,153,167,189,283,345,367],"various":[48,63,72,168],"financial":[49],"management":[50,73],"investment":[52,75],"performance":[53,76,169,226],"metrics.":[54,77],"The":[55,78,141,193,213,272,322],"objective":[56],"is":[60,93,124,129,156,370],"test":[62,126],"hypotheses":[64,79,152],"for":[65,172,313,324,371],"relationships":[66],"retention":[69,98,106,115,165],"ratio":[70,99,107,116,166],"includes":[80],"testing":[81],"dividends":[83,314],"are":[84,327,390],"a":[85,94,130,229,316,378,382],"significant":[86],"contributor":[87],"investor":[89,110,187],"returns,":[90],"correlation":[95,131],"share":[102,184],"price,":[103,185],"total":[109,133,186],"returns":[111,134,188],"return":[118,138,190],"on":[119,139,191,224,293],"equity.":[120,140,192],"A":[121],"last":[122],"hypothesis":[123],"investors":[136],"results":[142,389],"did":[146,222],"not":[147,197,217,270],"support":[148],"any":[149],"indication":[155],"no":[158,351],"firm":[159],"or":[160,204,231,257],"clear":[161,276],"relationship":[162],"metrics":[170],"exists":[171],"sample":[174,344,380],"South":[176,317],"African":[177,318],"firms":[178],"over":[179,381],"survey":[181],"period,":[182],"namely":[183],"could":[195,215,354],"therefore":[196],"conclude":[198],"either":[202,247],"good":[203],"poor":[205],"retained.":[212],"also":[216],"determine":[218],"impact":[223],"future":[225],"measures":[227],"company":[230],"not.":[232],"This":[233],"outcome":[234,326],"surprising.":[239],"It":[240,299],"anticipated":[242],"positive":[248],"supporting":[250],"managers\u2019":[251,261,358],"ability":[252,262,359],"allocate":[254,361],"negative":[258],"refuting":[260],"allocated":[264],"income.":[266],"This,":[267],"however,":[268],"evident.":[271],"literature":[273],"reviewed":[274],"regarding":[277],"mystery":[279],"surrounding":[280],"dividend":[281],"distributions":[282],"its":[284],"role":[285],"within":[286],"iii":[287],"corporate":[288],"finance,":[289],"but":[290,329],"divided":[292],"drivers":[295],"behaviour.":[298],"hoped":[301],"have":[306],"been":[307],"able":[308],"provide":[310],"some":[311],"explanation":[312],"in":[315],"mining":[319],"industry":[320],"context.":[321],"reasons":[323],"varied":[328],"include":[330],"questionable":[332],"credibility":[333],"data":[336],"with":[337,377],"regards":[338],"size":[341],"period":[347,384],"study.":[349],"Therefore,":[350],"certain":[352],"conclusions":[353],"made":[356],"about":[357],"recommendation":[369],"further":[372],"research":[373],"conducted":[376],"larger":[379],"longer":[383],"before":[387],"given":[391],"undue":[392],"significance.":[393]},"counts_by_year":[],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2017-10-27T00:00:00"}