Investigating the impact of dividend policy, asymmetric behavior and stock liquidity in companies listed on the Tehran Stock Exchange

Document Type : Original Article

Authors
seyed ali seyed aghazade ganji 1
mahdis nikzad Ghadikolaee 2
1 Master's degree in accounting from Parsa Higher Institute, Babolsar, employee of Babolsar municipality
2 PhD in Accounting, Assistant Professor of Mazandaran University, Babolsar, Iran
10.22034/jmek.2025.426617.1111
Abstract
Abstract

The purpose of this research was to investigate the impact of dividend policy, asymmetric behavior and stock liquidity in companies listed on the Tehran Stock Exchange. This research was done by descriptive-correlation method and it is applied research. The statistical population of the research consists of all the companies admitted to the Tehran Stock Exchange during the years 2017 to 2021, of which 92 companies were active in the stock market during the entire research period and were studied. The research data was extracted from the financial statements of the companies and analyzed using regression models using the combined data method. The findings of the research showed that the payment of dividends had a positive effect on the liquidity of the shares and also the effect of the payment of dividends on the liquidity of the shares in companies with high dividend payment and low dividend payment had a significant difference.

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  • Receive Date 23 November 2023
  • Accept Date 21 April 2024