Financial Development and Structure 1960-2010

Aruba, Afghanistan, Angola...and 192 more, 1960 - 2010

Reference ID

WLD_1960-2010_FDS_v02_M

Producer(s)

Thorsten Beck and Asli Demirguc-Kunt (World Bank), Ross Eric Levine (Carlson School of Management, University of Minnesota)

Metadata

Documentation in PDF DDI/XML JSON

Study website

Created on

Sep 05, 2014

Last modified

Jun 14, 2022

Page views

13495

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Mandatory dividend (mandiv)

Data file: request8095

Overview

Valid: 49

Invalid: 57

Minimum: 0

Maximum: 0.5

Mean: 0.048

Standard deviation: 0.136

Type: Continuous

Decimal: 0

Start: 802

End: 804

Width: 3

Range: 0 - 0.5

Format: Numeric

Description

Universe

1980-1995

Imputation and derivation

Derivation

Equals the percentage of net income that the Company Law or Commercial Code requires firms to distribute as dividends among ordinary shareholders. It takes a value of zero for countries without such a restriction.

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