A Study at UoB: There is a Fixed-Rule Policy of Dividend after the Initial Public Offering of Public Companies in GCC Countries

Sakhir – University of Bahrain (Khadija Abdul Salam)
February 17, 2022

A study, conducted at UoB, concluded that there is a fixed-rule policy for dividend after the IPO of the non-financial public corporations in GCC countries, at the level of countries and many sectors.

The study was presented by Abdul Rahman Mohammad Abdullah, the student of Masters in Finance at the College of Business Administration, University of Bahrain who holds the position of Audit Supervisor at National Audit Office Bahrain. The study is entitled “The Fixed-Rule Policy of dividend after IPO: Evidence from GCC countries”.

The study aimed to verify both the fixed-rule policy of dividend after the date of IPO of the non-financial corporations listed in GCC countries from 2000 to 2019 in general, the fixed-rule policy of the said policy at the level of countries and sectors, and the impact of the heterogeneity of corporations and global economic conditions during the said period.

The findings of the study indicated that there is a fixed-rule policy for dividend / after the date of IPO of the non-financial public corporations in GCC countries and at the level of countries and many sectors. The study also found that the heterogeneity of corporations and global economic conditions has an impact on the said policy.

The discussion committee consisted of assistant professor, Department of Economics and Finance, College of Business Administration, University of Bahrain, Dr. Youmna Ahmed Abdullah as a supervisor, associate professor, Department of Economics and Finance, College of Business Administration, University of Bahrain, Dr. Al-Mehdi bin Khaled Al-Mili as an internal examiner, and associate professor, Al-Hussein Bin Talal University, the Hashemite Kingdom of Jordan, Dr. Fouad Marzouk Krishan an external examiner.

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