CAPIC REVIEW

Journal of Accounting, Auditing and Business Management

ISSN 0718-4662

logo revista Capic Review
Vol. 21 (2023): CAPIC REVIEW
Investigation

Dividend policy of chilean listed companies in times of uncertainty

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  • Alejandro Diaz
Alejandro Diaz
Universidad de Atacama
DOI: https://doi.org/10.35928/cr.vol21.2023.160
Categories

Published 2023-09-26

Keywords

  • uncertainty,
  • dividend policy,
  • nonparametric tests

How to Cite

Diaz, A. (2023). Dividend policy of chilean listed companies in times of uncertainty. CAPIC REVIEW, 21, 1–14. https://doi.org/10.35928/cr.vol21.2023.160

Copyright (c) 2023 Alejandro Diaz

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

Abstract

In this study, indicators have been analyzed that have allowed for the characterizing of the dividend policy implemented by Chilean listed companies, for the period between 2018 and 2021. The objective of this work has been to verify the behaviour of the profit distributed by the entities, in favour of their shareholders, considering the greater uncertainty that has characterized the business environment in recent years, mainly due to the effects of the Covid-19 pandemic, in addition to the political and social processes that are taking place in Chile and the world. Considering the results of previous research reviewed in mainstream international journals, it has been theorized that, in general, companies deliberately increase dividend payments under circumstances of greater uncertainty. In this work, through the application of non-parametric statistical tests, the results show relative agreement with what has been illustrated in previous investigations.

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