This paper investigates the determinants of dividend policies for firms listed on Gulf Co-operation Council (GCC) country stock exchanges. This is a case study of emerging stock exchanges, where the determinants of dividend policy have received little attention. This study used a panel dataset...

In this study, the corporate dividend payout decisions of firms listed on the emerging Gulf Cooperation Council (GCC) states' stock market were analysed. Panel data were obtained from 191 non-financial firms over the five year period from 1999 to 2003 and seven research hypotheses were tested....

The Gulf Cooperation Council (GCC) is considered one of the most important regional entities in the world. It provides a framework for stability regarding world oil and gas supplies and facilitates great wealth from oil and gas exports. After more than thirty years of promises from GCC...

This paper examines the impact of large shareholders and agency theory on a dividend payout decision. Using firms listed on the Kuwait Stock Exchange as an emerging market, a panel dataset of 37 non-financial firms between 1999 and 2003 is used in the analysis. Random effects probit models are...