The research is aimed to explore Dividend, Investment & leverage policy based on agency thoeory at manufacturing … level. Investment however has positive effect on the leverage level. Whereas Dividend has a negative impact on company …’s investment. Dividend gave a positive effect on leverage level and it capable to mediate the investment’s effect towards agency …

This article examines the effect of organizational forms on corporate dividend decisions by exploring the differences … in dividend payout ratios between mutual and stock property-liability (P-L) insurers in the U.S. Our large sample … evidence suggests: a) mutual insurers tend to have a lower dividend payout ratio than stock insurers and the observed …