Analysis of the Profit Allocation and Distribution Policy of a Group of Algerian Economic Institutions During the period (2017-2022)

Main Article Content

Mustapha Hadjadj
Hamid Bouchekifa

Abstract

       The study examines the impact analysis of a specific set of factors that determine dividend distribution policy within a sample of 06 Algerian economic institutions from 2017 to 2022. This investigation employs panel data analysis, utilizing six financial variables including the ratio of distributed profits per share as the dependent variable. Additionally, factors such as profitability, liquidity, growth, financial leverage, and risk size serve as explanatory variables.


       The findings reveal a statistically significant relationship between profitability, liquidity, and financial leverage with the ratio of distributed profits. However, other explanatory variables, namely growth and risk size, fail to exhibit statistical significance in explaining variations in the dependent variable within the institutions sampled in the study.

Article Details

How to Cite
Hadjadj , M., & Bouchekifa , H. (2023). Analysis of the Profit Allocation and Distribution Policy of a Group of Algerian Economic Institutions During the period (2017-2022). Finance and Business Economies Review, 7(4), 184–202. https://doi.org/10.58205/fber.v7i4.1761
Section
Articles

References

(s.d.). (A. S. Exchange, Producteur) Consulté le 07 16, 2023, sur https://www.cosob.org/

(s.d.). (T. N. Center, Producteur) Consulté le 08 01, 2023, sur http://www.cnrc.org.dz/

(s.d.). Consulté le 07 16, 2023, sur Algerian Stock Exchange: https://www.sgbv.dz/ar/

(s.d.). Consulté le 08 01, 2023, sur The National Commercial Registry Center: https://sidjilcom.cnrc.dz/en/accueil

abu manneh, m., & nasser, k. (2015). "Determinants of Corporate Dividend Policy: Evidence from an Emerging Economy". international journal of economics and finance, 07(07), 229-239.

bostanci, f., kadioglu, e., & sayilgan, g. (2018). déterminants of dividende payout : décision : Adynamic panel data analysis of turkish stock markat. international journal of financial studies, 6(4), 1-16.

demirgunes, k. (2015). diterminants of dividende payout ration ,A Panel autoressive distributed laganalyesis. international journal of economics and financial, 5(2), 418-426.

farman, a. k., & nawaz, a. (2017). "Determinants of Dividend Payout: An Empirical Study of Pharmaceutical Companies on Pakistan Stock Exchange (PSX)". Journalial Studies & Research, 2017(2017), 02-16.

greene, w. (2005). économétrie (éd. 5). (T. Azomahou, & N. Coudec, Trads.) paris: française dirigée par Didier Schlacther , IEP Paris.

gujarati, d. n. (2004). Econométrie (éd. 4). paris: université de Bruxelles.

Hachem , H. (2008). Factors influencing dividend distribution policy in joint-stock companies. Baghdad College of Economics Journal.(17), 209-230.

hafedh taha, a. (2017). "The Impact of Dividend Distribution Policy on Earnings Quality in Joint-Stock Companies Listed on the Iraq Stock Exchange.". Journal of Economic and Administrative Sciences., 27(104), 473-502.

huyen, t. h. (2016). Factors Affecting the Dividend Payment Policy of Companies on the Ho Chi Minh Stock Exchange, Chuan Streets. (12), 1-24.

jozwiak, p. (2014). déterminants of dividende Policy, Evidence frome polish listed compagnies. procedai economics and finance, 23, 473-477.

Mehraj, M. A., & Helmi Qalab, F. (2019). The Impact of Financial Performance on Dividend Distribution Policy. Journal of Tishreen University, 41(3), 93-119.

MEKID, A. (2007). Econometrics: Lessons and Solved Problems. Algeria: University Press Department.

Mohamed, Y. M., & Hamdoun, A. M. (2007). Diagnosis of Multicollinearity and the Use of Stepwise Regression in Selecting Variables of Agricultural Investment Function in Iraq for the Period 1980-2000. Tikrit Journal of Administrative and Economic Sciences, 3(8).

patrick, s. ( 2002 ). économétrie des données de Panel. paris : dunod.

R'TIAA, M. (2014). Using panel data models to estimate the economic growth function in Arab countries (Vol. 2). The Algerian Journal of Economics and Finance.

Shabayek, M. H., & Bakry, A. (2009). The contribution of corporate governance to rationalizing dividend distribution policy. Journal of Financial and Accounting Studies(9), 101-133.