Dividend Policy, Corporate Governance and Stock Liquidity

2015 ◽  
Author(s):  
Rulu Pan ◽  
Jing Shi ◽  
Qiaoqiao Zhu
Keyword(s):  
Corporate Governance ◽  
Dividend Policy ◽  
Stock Liquidity

scholarly journals INVESTOR CONFIDENCE, CORPORATE GOVERNANCE, STOCK LIQUIDITY AND DIVIDEND POLICY

2016 ◽  
Vol 12 (1) ◽  
Author(s):  
Muhammad Rizwan ◽  
Keyword(s):  
Corporate Governance ◽  
Dividend Policy ◽  
Practical Implication ◽  
Stock Exchanges ◽  
Growth Opportunities ◽  
Stock Liquidity ◽  
Controlling Shareholders ◽  
Investor Confidence ◽  
Liquidity Constraint ◽  
The Impact

Purpose: The objective of this study is to examine the impact of investor confidence, corporate governance and stock liquidity on dividend policy of firms listed on Pakistan stock exchanges from 2010-2015. The liquidity constraint enabled a superior association with the interests of the controlling shareholders, particularly outside investors, which make a significant enhancement in firms’ liquidity and governance. Findings: Our results indicate that dividends have a less significant impact on investor confidence after the corporate governance. Practical Implication: Our interpretation is that the improvement in corporate governance, especially the improvement in the alignment between growth opportunities and cash dividends, may take longer time to emerge. These findings provide strong evidence that shift in corporate governance and stock liquidity influence dividend policy of a firm in a substantial manner. Another implication is that stock liquidity matters in firms’ dividend decision-making; the liquidity deficiency is compensated by large cash dividends.

scholarly journals Dividend Policy in Indonesian Companies: Does Corporate Governance Matter?

2019 ◽  
Vol 8 (2S9) ◽  
pp. 825-830
Keyword(s):  
Corporate Governance ◽  
Dividend Policy ◽  
Resource Dependence ◽  
Secondary Data ◽  
Developed Countries ◽  
Resource Dependence Theory ◽  
Financial Statement ◽  
Finance Industry ◽  
The Us ◽  
The Uk

This study investigates whether corporate governance matters with regards to the dividend policy in Indonesian companies. Previous studies on this subject have mostly been done in developed countries, which have adopted the common law, such as in the US and the UK. This study uses 26 companies operating in the finance industry. Secondary data is used from several sources, such as the annual report and financial statement and related websites. This study uses an independent sample t-test to analyse the data. Corporate governance matters for dividend policy in Indonesian companies. It is evidenced by the fact that there is a significant differ ence in managerial ownership and board size between dividend paid and dividend not paid. Profitability also differs between dividend paid and dividend not paid companies; companies with higher profitability tend to pay dividend. This study provides empirical evidence that corporate governance matters for dividend policy in Indonesian companies. There are two contributions of this study: the result confirms the resource dependence theory and the convergence governance hypothesis.

scholarly journals Corporate Governance and Dividend Policy in Peru: Is there any link?

2017 ◽  
Vol 12 (2) ◽  
pp. 103-116
Author(s):  
Samuel Mongrut Montalvan ◽  
◽  
Cinzia Delfino Barilla ◽  
Gianni Devercelli Ruiz ◽  
Diego Lambarri Figueroa ◽  
...  
Keyword(s):  
Corporate Governance ◽  
Dividend Policy

Impact of corporate governance on dividend policy in India

2021 ◽  
Vol 11 (3) ◽  
pp. 337
Author(s):  
Pankaj Chaudhary ◽  
Narain Chandra
Keyword(s):  
Corporate Governance ◽  
Dividend Policy

Islamic law, corporate governance, growth opportunities and dividend policy in Indonesia stock market

2019 ◽  
Vol 55 ◽  
pp. 110-126 ◽  
Author(s):  
Nur Imamah ◽  
Tsui-Jung Lin ◽  
Suhadak ◽  
Siti Ragil Handayani ◽  
Jung-Hua Hung
Keyword(s):  
Corporate Governance ◽  
Stock Market ◽  
Dividend Policy ◽  
Islamic Law ◽  
Growth Opportunities
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