Some features of Dividend Policy in Japan
D.E. Allen
(Department of Economics and Finance, Curtin University of Technology)
352
Abstract
This paper reviews the singular aspects of the dividend policies pursued by Japanese companies. The most notable feature of this is the customary practice of paying a dividend which is 10 per cent on the par value of the share. The paper begins by discussing some relevant and unique features of Japanese company practices. These may conceivably condition managements' attitudes to shareholders and influence their dividend policies.
Citation
Allen, D.E. (1992), "Some features of Dividend Policy in Japan", Managerial Finance, Vol. 18 No. 1, pp. 49-69. https://doi.org/10.1108/eb018443
Publisher
:MCB UP Ltd
Copyright © 1992, MCB UP Limited