H2: Indian firms try to maintain consistency and assured dividend payouts to shareholders to
establish value of the firm in the market.
DATA ANALYSIS
Regression Results
To establish the validity of data collected to accomplish our hypotheses i.e. dividend payouts are
directly proportional and have positive relationship with the value of the firm, multiple
regression technique and graphical presentation tools have been used to infer and deduce
conclusions. The industry wise analysis is presented in the following tables: