Adjaoud, Fodil; Ben-Amar, Walid - In: Journal of Business Finance & Accounting 37 (2010-06) 5-6, pp. 648-667
We investigate the relationship between corporate governance quality and dividend policy in Canada. Based on the agency theory predictions, we consider the effect of two conflicting hypotheses about the effect of corporate governance on dividend payouts: the outcome and substitution hypotheses....
