{"title":"Demographic determinants and preference regarding dividend announcements - a study of selected individual investors","authors":"Dinesh Tandon, Nidhi Walia","doi":"10.1504/ijbg.2023.134392","DOIUrl":null,"url":null,"abstract":"The purpose of this paper is to analyse the effect of demographic determinants on the preferences of individual investors regarding dividend announcements in Punjab (India). Based on a sample of 500 individual investors, one-way ANOVA, t-test and Levene's test were conducted to find out which demographic variables were associated with the individual's preferences regarding dividend announcements. The results of the research show that the preferences of investors vary/differ based on factors such as age, marital status, occupation, income, and education. The findings of the study have implications for policymakers and financial service providers. Though the demographic and their preferences regarding dividend announcements have been extensively researched in the literature globally as well as in India, there has been scant empirical research on the financial consumer preferences in Punjab. This study fills this gap and is the first of its kind on the preferences regarding the dividend announcement of investors in Punjab.","PeriodicalId":13906,"journal":{"name":"International Journal of Business and Globalisation","volume":"142 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Journal of Business and Globalisation","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1504/ijbg.2023.134392","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"Business, Management and Accounting","Score":null,"Total":0}
引用次数: 0
Abstract
The purpose of this paper is to analyse the effect of demographic determinants on the preferences of individual investors regarding dividend announcements in Punjab (India). Based on a sample of 500 individual investors, one-way ANOVA, t-test and Levene's test were conducted to find out which demographic variables were associated with the individual's preferences regarding dividend announcements. The results of the research show that the preferences of investors vary/differ based on factors such as age, marital status, occupation, income, and education. The findings of the study have implications for policymakers and financial service providers. Though the demographic and their preferences regarding dividend announcements have been extensively researched in the literature globally as well as in India, there has been scant empirical research on the financial consumer preferences in Punjab. This study fills this gap and is the first of its kind on the preferences regarding the dividend announcement of investors in Punjab.
期刊介绍:
IJBG proposes and fosters discussion on various aspects of business and globalisation, including the physical environment and poverty. Topics covered include: - Internationalisation of SMEs - Cross-cultural business - Globalisation and poverty - Business ethics in the global environment - Emerging economies - Immigrant minorities in business - Indigenous enterprises and the global economy - International tourism - Eco-tourism - Sustainable development - Environmental degradation - The impact of oil and gas - Human mobility in a globalised world - Competition in a global economy - Localisation/glocalisation strategies within contemporary globalisation.