文章基本信息

标题：Dividend Policy and Corporate Governance Perspective
本地全文：下载
作者：Salman Riaz ; Salman Riaz ; Yanping Liu 等
期刊名称：Accounting and Finance Research
印刷版ISSN：1927-5986
电子版ISSN：1927-5994
出版年度：2016
卷号：5
期号：3
DOI：10.5430/afr.v5n3p77
语种：English
出版社：Sciedu Press
摘要：This study examines the influence of corporate governance (Board Size, Board Independence and Board Meetings) and dividend policies of the Pakistani firms. The study covers four important sectors i.e. Cement, Textile, Banks and Sugar of the economy for the time span of 2009 to 2015. By employing the regression analysis, we found that Board size and Board independence does matters significantly for the divided policies of the firm. We also observed that CEO ownership has significant negative influence on the dividend payout ratio of the firm due to entrepreneurial effect. Furthermore in the ownership effect, we found that foreign ownership of the firm has positive influence on the dividend payout ratio of the firms.
关键词：Dividends;Board size;CEO Ownership and Foreign Ownership