This study investigates the association between auditors monitoring and dividend payout policy. The previous literature illustrate that there are two ways to mitigate the agency concern; One is through dividend payments while other way of mitigating agency concern is to improve auditors...

Worldwide tourism is recognized by the governments as a sector with high potential for economic development and employment generation. International agencies like World Tourism Organization (WTO) have underscored the vast developmental potential of tourism particularly for the developing nations...