Showing 1 - 10 of 7,373
Persistent link: https://www.econbiz.de/10003825183
The study aims to evaluate the impact of board traits on the organizations' dividend pay-outratio. For the purpose … statistically significant effect on the dividend pay-outratio. On the same theme, board skills development has significant but … negative effect on the dividend pay-outratio. Nonetheless, the board gender diversity has a positive and insignificant effect …
Persistent link: https://www.econbiz.de/10012664529
advantage of our study is to investigate the direct impact of board diversity on a major corporate decision - i.e., dividend … the positive association between board diversity and dividend payout policy, our results suggest that board diversity has … a significant impact on dividend payout policy. The impact of board diversity on dividend payout policy is particularly …
Persistent link: https://www.econbiz.de/10013093713
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 …
Persistent link: https://www.econbiz.de/10012967862
Purpose: This paper examines whether the characteristics of boards are more important in determining dividend policy … than management characteristics. We show that as the final declarers of dividend policy is a firm’s board, the composition … of a firm’s board significantly subsumes the effect of management characteristics that may also influence dividend policy …
Persistent link: https://www.econbiz.de/10013245082
not retain earnings to promote their own interests. The relationship between board independence and dividend distributions …-developed corporate governance framework to listed companies. Design/methodology/approach: Data on the considered companies' dividend …: Although board independence was not significantly related to dividend distributions for the sampled companies, INEDs still …
Persistent link: https://www.econbiz.de/10014234909
Motivated by agency theory, we investigate the effect of board independence on dividend policy. We exploit as a quasi …
Persistent link: https://www.econbiz.de/10014244696
dividend policy. The evidence suggests that firms with staggered boards are more likely to pay dividends and pay them more … generously than do those with unitary boards. We also show that the impact of staggered boards on dividend payouts is … dividend payouts. Our results are important as they show that certain governance provisions have considerably more influence …
Persistent link: https://www.econbiz.de/10014209569
This paper examines whether the presence of foreign board members leads to higher dividend yield in top Egyptian listed … significant positive relationship between board national diversity and dividend yield. This paper contributes to the literature by … investigating a novel board diversity variable's relationship with dividend policies …
Persistent link: https://www.econbiz.de/10013226968
inquiry for IPO companies is to investigate the board characteristics impact on dividend initiation. With use of the agency … dividend for IPO companies. However, multi-seats were found to have a negative and significant impact on the decision to … initiate dividend. But, CEO duality were found to be irrelevant to the decision of initiating dividend. …
Persistent link: https://www.econbiz.de/10012219701