Zandi, Gholamreza; Shahabi, Alireza; Naysary, Babak - In: Asian Economic and Financial Review 4 (2014) 5, pp. 671-680
Block holders have significant impacts on the firm's policies, especially strategies regarding the payout policy. The … with state block holders and match them with almost similar companies with non-state block holders in 2012. Running a … multiple regression, we found that there is a positive relationship between both types of block holders and firm's dividend …