Impact of gender dichotomy on dividend payout policy in listed Nigerian financial services firm

被引：5
|
作者：
Eluyela, Damilola Felix [1 ]
Dahunsi, Olajide [2 ]
Tolase, Olawumi Ajoke [3 ]
Okere, Wisdom [4 ]
Ogabi, Mautin [2 ]
Kafidipe, Abiola [2 ]
机构：
[1] Landmark Univ, Dept Accounting & Finance, Omu Aran, Nigeria
[2] Covenant Univ, Dept Accounting, Ota, Nigeria
[3] Covenant Univ, Dept Banking & Finance, Ota, Nigeria
[4] Bells Univ Technol, Dept Econ Accounting & Finance, Abeokuta, Nigeria
来源：
COGENT BUSINESS & MANAGEMENT | 2019年 / 6卷 / 01期
关键词：
board size; diversity; dividend payment; gender; panel data; personal traits; CORPORATE GOVERNANCE; PERFORMANCE; DIVERSITY; BOARDS; WOMEN; EXPERIENCE; DIRECTORS;
D O I：
10.1080/23311975.2019.1687270
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper examines the impact of gender dichotomy on dividend payout policy in listed Nigerian financial services firm. A random-panel data methodological approach underpins this study. The study observed an overall panel data of 248 firm-year observations drawn from the sample of 31 financial service firms listed in Nigeria stock exchange between 2010-2017. The findings from the random-panel data regression adopted for the study shows that the presence of female directorship does not significantly influence dividend payout in Nigeria. The rate of dividend payout is highly determined by firm age and their performance. However, we recommend a more diverse board structure, considering the significant effect board size has on dividend payout policy. A more robust and diverse board will create an atmosphere of discipline and control in the organization.
引用
收藏
页数：10
相关论文
共 50 条
  • [1] The impact of R&D intensity, financial constraints, and dividend payout policy on firm value
    Kim, JooMan
    Yang, Insun
    Yang, Taeyong
    Koveos, Peter
    [J]. FINANCE RESEARCH LETTERS, 2021, 40
  • [2] Dividend Payout Policy and Global Financial Crisis: A Study on Malaysian Non-Financial Listed Companies
    Laing, Boo Hooi
    Haw, Chan Tze
    Ali, Ruhani
    [J]. ASIAN JOURNAL OF BUSINESS AND ACCOUNTING, 2021, 14 (01): : 145 - 170
  • [3] Financial Constraints and the Sustainability of Dividend Payout Policy
    Falavigna, Greta
    Ippoliti, Roberto
    [J]. SUSTAINABILITY, 2021, 13 (11)
  • [4] Executive financial incentives and payout policy: Firm responses to the 2003 dividend tax cut
    Brown, Jeffrey R.
    Liang, Nellie
    Weisbenner, Scott
    [J]. JOURNAL OF FINANCE, 2007, 62 (04): : 1935 - 1965
  • [5] Impact of board attributes on the firm dividend payout policy: evidence from Malaysia
    Tahir, Hussain
    Masri, Ridzuan
    Rahman, Md Mahfuzur
    [J]. CORPORATE GOVERNANCE-THE INTERNATIONAL JOURNAL OF BUSINESS IN SOCIETY, 2020, 20 (05): : 919 - 937
  • [6] Gender Dichotomy of Board Members and Ownership Structure in Dividend Payout: A review
    Anuar, Emma
    Abd Aziz, Rozainun
    Mohamad, Maslinawati
    Hashim, Rugayah
    [J]. ENVIRONMENT-BEHAVIOUR PROCEEDINGS JOURNAL, 2020, 5 (13): : 387 - 393
  • [7] The Dividend Payout Policy - A Study on Malaysian Financial Institutions
    Hutagalung, S.
    Yahya, M. H.
    Kamarudin, F.
    Osman, Z.
    [J]. PERTANIKA JOURNAL OF SOCIAL SCIENCE AND HUMANITIES, 2013, 21 : 127 - 147
  • [8] The Impact of Dividend Payout Policy on Stock Return Volatility Of Companies Listed on The Warsaw Stock Exchange
    Blaszke, Ewa
    [J]. EDUCATION EXCELLENCE AND INNOVATION MANAGEMENT: A 2025 VISION TO SUSTAIN ECONOMIC DEVELOPMENT DURING GLOBAL CHALLENGES, 2020, : 14126 - 14137
  • [9] The impact of insider trading laws on dividend payout policy
    Brockman, Paul
    Tresl, Jiri
    Unlu, Emre
    [J]. JOURNAL OF CORPORATE FINANCE, 2014, 29 : 263 - 287
  • [10] Corporate Governance and Dividend Payout Policy: Evidence from Listed Firms in the Nigeria
    Uwalomwa, Uwuigbe
    Olusanmi, Olamide
    Francis, Iyoha
    [J]. CREATING GLOBAL COMPETITIVE ECONOMIES: 2020 VISION PLANNING & IMPLEMENTATION, VOLS 1-3, 2013, : 2200 - 2210
12345