(noncontrolling shareholders) and bank creditors (e.g. depositors or debt-holders) on bank dividend payout policies using a panel data … to examine the impact of legal protection of shareholders and creditors on bank dividend payout amounts. And, logit panel … countries, and banks do not substitute weak creditor rights with lower dividend payout amounts. Contrary, the authors support …

This study investigates the nexus between investor protection and dividend policy for 517 listed non-financial firms … investor protection is associated with higher dividend payouts, and firms increase dividends, specifically in response to the …

which outside shareholders used to protect themselves by examining the dividend policy and governance of over 800 publicly …

This study examines whether dividend payout, an internal corporate governance mechanism, is a substitute for or an … substitution effect. Our empirical findings are robust to alternative measures of dividend payout, industry definition, and …