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Research Article
Vol. 10, Issue 1
DO FIRMS SMOOTH THEIR DIVIDEND OVER TIME? EVIDENCE FROM LISTED MANUFACTURING FIRMS IN NIGERIA
Finance scholars have long engaged in theorizing the tendency of firms to smooth dividend or not to smooth given the nature of the environment in which the companies operate. This study examines dividend changes of manufacturing firms in Nigeria. The study develops two hypotheses and applies generalized least square using Least Squares Dummy Variab...
