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We examine the association between board gender diversity and corporate dividend payout. Our results suggest that … although board gender diversity impacts positively on dividend payments, this is only conspicuous in widely held firms. However …, when ownership concentration is high, board gender diversity reduces dividend payments. We demonstrate that women directors …
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This paper investigates whether female independent directors are more likely to impose high dividend payouts. We find … evidence that firms with a larger fraction of female directors on their board have greater dividend payouts. This finding is … robust to alternative econometric specifications, and alternative measures of dividend payouts. The positive effect of gender …
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