Board National Diversity and Dividend Policy: Evidence from Egyptian listed companies

被引：11

作者：

Shehata, Nermeen ^{[1
]}

机构：

[1] Amer Univ Cairo, Sch Business, AUC Ave,POB 74, New Cairo 11835, Egypt

来源：

FINANCE RESEARCH LETTERS | 2022年 / 45卷

关键词：

Board diversity; Dividend; Egypt; CORPORATE GOVERNANCE; GENDER DIVERSITY; FIRM; INDEPENDENCE;

D O I：

10.1016/j.frl.2021.102132

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

This paper examines whether the presence of foreign board members leads to higher dividend yield in top Egyptian listed companies. Using a sample of the top 50 firms listed on the Egyptian Exchange between 2005 and 2014, I found that there is a significant positive relationship between board national diversity and dividend yield. This paper contributes to the literature by investigating a novel board diversity variable's relationship with dividend policies.

引用

页数：8

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