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

被引:10
|
作者
Shehata, Nermeen [1 ]
机构
[1] Amer Univ Cairo, Sch Business, AUC Ave,POB 74, New Cairo 11835, Egypt
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
收藏
页数:8
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