This paper examines the impact of large shareholders and agency theory on a dividend payout decision. Using firms … cash flows, investment opportunity, business risk, and firm profitability on dividend amounts firms paid. Large … shareholders are disaggregated into three types to determine if they influence the dividend paid: institutions, governments, and …

This paper examines the impacts of dividend policy and ownership structure on stock price volatility in the Vietnamese … market. The study also tests for the moderating effect of foreign/state ownership on the dividend policy–price volatility … robust results indicate that dividend yield mitigates stock price volatility in the emerging market of Vietnam. The price …