Research on Non-Dividend Behavior of Listed Companies

Shibo  Ma

doi:10.26689/pbes.v4i3.2186

Shibo Ma School of Economics and Management, Tiangong University, Tianjin 300387, China

DOI: https://doi.org/10.26689/pbes.v4i3.2186

Keywords: Industry heterogeneity, Industry life cycle

Abstract

The dividends of listed companies are related to external factors such as the macroeconomic situation and the industry level of these companies. They may also be related to internal factors such as the company’s financial status, equity structure, and their development cycle. This article analyzes the non-dividend listed companies in terms of the external and internal factors; focusing on industries with more non-dividend listed companies.

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