We investigate the association between dividend policy and government shareholding, using Malaysian data. We … hypothesize a positive association. We contribute to the literature about dividend policy. Unique features of our study include … adaptations to the Malaysian institutional setting, with respect to usage of dividend relevance theory, research methodology, and …

few families. These business groups are often organised around a holding company. We analyse the dividend payouts of … the effects of several control-enhancing mechanisms (CEMs) on dividend payouts. We use precise quantitative proxies for … business group companies have lower dividend payouts as the divergence between control and ownership rights widens and the …

companies, the dividend distribution policy (DDP) remains largely unexplained. In this regard, the main purpose of the current …

dividends on asset expropriation of the controlling shareholders in Chinese listed firms. Investors value more the cash … hypothesis better explains firms' dividend policy. Investors value more the cash dividends of firms with fewer investment …

In this paper, we investigate if dividend policy is influenced by ownership type. Within the dividend literature … expect firms with foreign ownership and those that are listed in overseas markets to have different dividend policies and … these effects exist in corporate dividend policy and practice. We find that both foreign ownership and cross-listing have …

impact of family control, institutional environment and their interaction on the cash dividend policy of listed companies …. Our results indicate that (1) family firms have a lower cash dividend payout ratio and propensity to pay dividends than … dividend payout ratio and propensity to pay dividends of listed companies; and (3) the impact of the regional institutional …

Large shareholders are a potentially very important element of firms’ corporate governance system. Whereas analytical … research is typically vague on who these large shareholders are, in practice there are important variations in the types of … shareholders in private (i.e., unlisted) firms, where ownership tends to be more concentrated than in publicly traded firms …

different types of controlling shareholders. In a context of concentrated ownership and poor investor protection, controlling … shareholders can easily expropriate wealth from minority shareholders and profit from private benefits of control. However, this … shareholders. Using an audit fee model derived from Simunic (1980), we study the impact of the nature of controlling shareholders …

corporate control market from 2001 to 2008. We use related party transactions amount to capture control shareholders’ tunneling …