European Online Journal of Natural and Social Sciences · 2015 · 20 citations · 5 references
BusinessBusiness EconomicsFinanceCorporate FinanceDividend PolicyInvestment ManagementCapital Structure DeterminantsEquity ValuationFirm ValueInvestmentInvestment TheoryDeterminants Of Firm ValueFirm Value EffectsInvestment OpportunitiesInvestment Opportunity AssessmentInvestment Opportunity EffectsInvestment Policy EffectsPanel Data RegressionPanel Method Analysis
The purpose of this study is to examine of relationship between investment opportunity and dividend policy and firm value. The studied group included companies listed in TSE during 2009-2013. Using systematic elimination method, 88 firms (or 440 firm-years) were selected as samples. The methodology of this study is practical descriptive correlation. The required data are collected by library method; Excel software is used to calculate data from companies. To test the hypotheses, Eviews software and panel data method are used. Findings indicate a positive significant relationship between investment opportunities and dividend policy as well as investment opportunities and firm value.
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