PBESProceedings of Business and Economic Studies2209-26412209-265XBio-Byword Scientific Publishing Pty. Ltd.10.26689/pbes.v4i3.2186ArticleResearch on Non-Dividend Behavior of Listed Companieshttps://artdesignp.com/journal/PBES/4/3/10.26689/pbes.v4i3.2186MaShibo2021432021-06-18The dividends of listed companies are related to external factors such as the macroeconomic situation and the industry level of these companies. They may also be related to internal factors such as the company’s financial status, equity structure, and their development cycle. This article analyzes the non-dividend listed companies in terms of the external and internal factors; focusing on industries with more non-dividend listed companies.

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