The Impact of Working Capital Management on the Decision of Indian Production Firms about the Amount of Dividends

Amarjit Gill, Harvinder S. Mand, John Obradovich, Neil Mathur

Research output: Contribution to journalArticle

Abstract

This study examines the impact of working capital management on decisions concerning the extent of distribution of dividends. Results suggest that working capital management plays a role in decisions concerning dividend distribution in the Indian production firms. The findings of this study indicate that cash level has a strong impact on decisions concerning dividend distributions for Indian production firms holding higher cash balances compared with non-dividend paying Indian production firms. This study contributes to the literature on the factors that impact firms' decisions concerning the distribution of dividends.

Original languageUndefined/Unknown
JournalFaculty Publications and Presentations
StatePublished - Apr 1 2019

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