Ofori-Sasu, Daniel; Dzeha, Gloria Clarissa; Boachie, … - In: Research in globalization 5 (2022), pp. 1-10
The paper investigates the role of board dynamics in explaining the effect of payout policy on shareholders' wealth creation at the market and bank levels. The study employs the 2SLS estimation of a panel dataset of 528 banks from 29 African countries from the year 2006 to 2018. The study finds...