{"id":"https://openalex.org/W2994482503","doi":null,"title":"Effects of Dividend Policy on Firm\u2019s Financial Performance: Econometric Analysis of Listed Manufacturing Firms in Kenya","display_name":"Effects of Dividend Policy on Firm\u2019s Financial Performance: Econometric Analysis of Listed Manufacturing Firms in Kenya","publication_year":2014,"publication_date":"2014-01-01","ids":{"openalex":"https://openalex.org/W2994482503","mag":"2994482503"},"language":"en","primary_location":{"id":"pmh:oai:CiteSeerX.psu:10.1.1.904.217","doi":null,"is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.904.217","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://www.iiste.org/Journals/index.php/RJFA/article/download/13580/14332/","raw_type":"text"},"volume":null,"type":"article","indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5036640095","display_name":"Charles Kiprotich Yegon","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Charles Yegon","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5088717012","display_name":"Joseph Kipyegon. Cheruiyot","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Joseph Cheruiyot","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5003085524","display_name":"Jane Sang","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Jane Sang","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":7.0835,"has_fulltext":false,"cited_by_count":36,"citation_normalized_percentile":{"value":0.96937902,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":99},"biblio":{"volume":"5","issue":"12","first_page":"136","last_page":"144"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9965999722480774,"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"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9965999722480774,"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/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.0020000000949949026,"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/T12544","display_name":"Working Capital and Financial Performance","score":0.00019999999494757503,"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"}}],"keywords":[{"id":"https://openalex.org/keywords/dividend-policy","display_name":"dividend policy","score":1.0},{"id":"https://openalex.org/keywords/firm-profitability","display_name":"firm profitability","score":0.824999988079071},{"id":"https://openalex.org/keywords/investment","display_name":"investment","score":0.7689999938011169},{"id":"https://openalex.org/keywords/earnings-per-share","display_name":"earnings per share","score":0.9990000128746033},{"id":"https://openalex.org/keywords/manufacturing-firms","display_name":"manufacturing companies","score":0.6809999942779541},{"id":"https://openalex.org/keywords/listed-companies","display_name":"listed companies","score":0.9139999747276306},{"id":"https://openalex.org/keywords/managerial-opportunism","display_name":"managerial opportunism","score":0.7820000052452087},{"id":"https://openalex.org/keywords/financial-performance","display_name":"financial performance","score":0.5360000133514404},{"id":"https://openalex.org/keywords/kenya","display_name":"Kenya","score":0.6389999985694885}],"concepts":[{"id":"https://openalex.org/C59399099","wikidata":"https://www.wikidata.org/wiki/Q5284040","display_name":"Dividend policy","level":3,"score":0.9267332553863525},{"id":"https://openalex.org/C129361004","wikidata":"https://www.wikidata.org/wiki/Q2470236","display_name":"Profitability index","level":2,"score":0.7339305877685547},{"id":"https://openalex.org/C116168712","wikidata":"https://www.wikidata.org/wiki/Q181201","display_name":"Dividend","level":2,"score":0.7139189839363098},{"id":"https://openalex.org/C129631789","wikidata":"https://www.wikidata.org/wiki/Q334173","display_name":"Opportunism","level":2,"score":0.5705715417861938},{"id":"https://openalex.org/C125889939","wikidata":"https://www.wikidata.org/wiki/Q2294672","display_name":"Dividend payout ratio","level":4,"score":0.5484883189201355},{"id":"https://openalex.org/C2781426361","wikidata":"https://www.wikidata.org/wiki/Q5326940","display_name":"Earnings","level":2,"score":0.4972389042377472},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.491285502910614},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.44317418336868286},{"id":"https://openalex.org/C206217203","wikidata":"https://www.wikidata.org/wiki/Q1134378","display_name":"Earnings per share","level":3,"score":0.42233967781066895},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.39117199182510376},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.36467039585113525},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.07187166810035706}],"mesh":[],"locations_count":2,"locations":[{"id":"pmh:oai:CiteSeerX.psu:10.1.1.904.217","doi":null,"is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.904.217","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://www.iiste.org/Journals/index.php/RJFA/article/download/13580/14332/","raw_type":"text"},{"id":"mag:2994482503","doi":null,"is_oa":false,"landing_page_url":"https://www.iiste.org/Journals/index.php/RJFA/article/download/13580/14332","pdf_url":null,"source":{"id":"https://openalex.org/S2764670906","display_name":"Research Journal of Finance and Accounting","issn_l":"2222-1697","issn":["2222-1697","2222-2847"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":["anvur-scientific"],"host_organization":"https://openalex.org/P4310320723","host_organization_name":"IISTE","host_organization_lineage":["https://openalex.org/P4310320723"],"host_organization_lineage_names":["IISTE"],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":"Research Journal of Finance and Accounting","raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8","score":0.7257999777793884}],"sustainable_development_goals_aurora":[{"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8","score":0.49000000953674316}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":22,"referenced_works":["https://openalex.org/W1506945032","https://openalex.org/W1585500105","https://openalex.org/W1966115859","https://openalex.org/W1986689194","https://openalex.org/W2066100483","https://openalex.org/W2084664912","https://openalex.org/W2098597604","https://openalex.org/W2123343520","https://openalex.org/W2136700758","https://openalex.org/W2144470805","https://openalex.org/W2146934792","https://openalex.org/W2164426272","https://openalex.org/W2223768511","https://openalex.org/W2275347065","https://openalex.org/W2289838817","https://openalex.org/W2290401310","https://openalex.org/W2317220288","https://openalex.org/W2547445894","https://openalex.org/W2568247717","https://openalex.org/W2943707661","https://openalex.org/W3123124007","https://openalex.org/W3123808369"],"related_works":["https://openalex.org/W2181491318","https://openalex.org/W1871076905","https://openalex.org/W7065431059","https://openalex.org/W2411677890","https://openalex.org/W2734787640","https://openalex.org/W2475854131","https://openalex.org/W3189863598","https://openalex.org/W2529125587","https://openalex.org/W4289753521","https://openalex.org/W2767987881"],"abstract_inverted_index":{"Dividend":[0],"policy":[1,36,102,114,134],"occupies":[2],"a":[3,16,21,81,96,108,129],"major":[4],"role":[5],"in":[6,62,135],"the":[7,27,32,47,75,147],"financial":[8],"management":[9],"of":[10,20,26,56,88],"an":[11],"organization":[12],"and":[13,37,41,54,74,90,103,105,115,131,143],"serves":[14],"as":[15],"mechanism":[17],"for":[18,46],"control":[19],"managerial":[22],"opportunism.":[23],"The":[24],"objective":[25],"study":[28,48],"is":[29,80,94,107,120],"to":[30,68,146],"ascertaining":[31],"relationship":[33,84,99,111],"between":[34,85,100,112],"dividend":[35,86,101,113,133],"firm\u2019s":[38,91],"profitability,":[39,92],"Investment":[40],"Earning":[42],"Per":[43,117],"Shares.":[44],"Data":[45],"were":[49,66],"extracted":[50],"from":[51],"annual":[52],"report":[53],"accounts":[55],"Nine":[57],"(9)":[58],"quoted":[59],"manufacturing":[60],"companies":[61],"Kenya.":[63],"These":[64],"data":[65],"subjected":[67],"regression":[69],"analysis,":[70],"using":[71],"e-view":[72],"software":[73],"findings":[76],"indicate":[77],"that;":[78],"there":[79,93,106],"significant":[82,97,109],"positive":[83,98,110],"policies":[87],"organizations":[89],"also":[95],"investments":[104,145],"Earnings":[116],"Share.":[118],"It":[119],"recommended":[121],"that":[122,126],"Organizations":[123],"should":[124],"ensure":[125],"they":[127],"have":[128],"good":[130],"robust":[132],"place":[136],"because":[137],"it":[138],"will":[139],"enhance":[140],"their":[141],"profitability":[142],"attract":[144],"organizations.":[148]},"counts_by_year":[{"year":2025,"cited_by_count":3},{"year":2024,"cited_by_count":3},{"year":2023,"cited_by_count":5},{"year":2022,"cited_by_count":4},{"year":2021,"cited_by_count":3},{"year":2020,"cited_by_count":7},{"year":2019,"cited_by_count":5},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":1},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":3}],"updated_date":"2026-09-26T08:19:03.415552","created_date":"2019-12-13T00:00:00"}