The Effect of Board Gender Constitution on Dividend Payments among Listed Pakistani Firms

The notion of this research is to investigate the impact of gender board composition on dividend payout on non-financial listed firms of Pakistan. For that purpose, the regression analysis is used. The data is collected from the companies' annual report from 2008 to 2018. This study provides the contribution related to the board gender diversity in the existing literature. In this regard, the results reveal positively significant impact of female directors on dividend payments. Furthermore, it has been found that the dividend payment is one of the significant phenomena through which the agency tensions between majority and minority shareholders within the context of closely held family firms could be mitigated and female members have the key role.