... DETERMINANTS OF DIVIDEND PAYOUT RATIOS: EVIDENCE FROM LISTED COMPANIES ON HO CHI MINH STOCK MARKET In Partial Fulfillment of the Requirements of the Degree of MASTER OF BUSINESS ADMINISTRATION ... the Determinants of dividend payout ratios: Evidence from listed companies on Ho Chi Minh Stock Market for the period of 2008-2012 would not have been possible without valuable contribution of ... structure of asset, sale growth, cash flow, market- to-book value, ownership concentration, sale size, and return on equity of listed companies on Ho Chi Minh City Stock Exchange (HOSE) The sample consisted...