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
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.
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页数：8
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