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Abstract
The objective of this paper is to examine the relationship between the corporate social responsibility (CSR) and dividend policy of listed firms in Ho Chi Minh Stock Exchange (HOSE) in the period of 5-year (from 2012 to 2016), and find out the optimal level of threshold of CSR variable. Previous researches are canvassed thoroughly for theoretical background and the threshold regression model is employed. The results of study indicate that there is a “single threshold” CSR which affects dividend policy.
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Article Details
Issue: Vol 1 No Q3 (2017)
Page No.: 64-71
Published: Dec 31, 2017
Section: Research article
DOI: https://doi.org/10.32508/stdjelm.v1iQ3.459
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Copyright: The Authors. This is an open access article distributed under the terms of the Creative Commons Attribution License CC-BY 4.0., which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
How to Cite
Nguyen, Q., & Phan, N. (2017). The corporate social responsibility and dividend policy of listed firms in Ho Chi Minh stock exchange: The threshold regression model analysis. VNUHCM Journal of Economics, Law and Management, 1(Q3), 64-71. https://doi.org/https://doi.org/10.32508/stdjelm.v1iQ3.459
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