The effect of corporate governance characteristics and gender diversity on dividends decision: does esg matter?
Other Title(s)
أثر خصائص حوكمة الشركات والتنوع بين الجنسين على قرار توزيع الأرباح: هل لمعايير الاستدامة تأثير؟
Author
Source
Issue
Vol. 26, Issue 4 (31 Dec. 2022), pp.209-237, 29 p.
Publisher
Ain Shams University Faculty of Commerce Accounting and Auditing Department
Publication Date
2022-12-31
Country of Publication
Egypt
No. of Pages
29
Main Subjects
Financial and Accounting Sciences
Topics
Abstract EN
Purpose – The current study investigates the effects of several corporate governance characteristics and gender diversity facets on the dividends decision.
Moreover, the moderating effect of ESG has been scrutinized on the relationship between board characteristics and gender diversity with dividends decision.
Design/methodology/approach –Logistic regression model has been utilized on a sample of 120 EGX listed companies between 2012 and 2019.
The non-board data that has been collected from DataStream, the board information has been gathered based on the financial statements and websites of the companies.
Findings – The results of the study demonstrated a substantial positive relationship between gender diversity and dividends decision.
Additionally, the association between gender diversity and dividend decision is moderated by ESG.
Furthermore, the decision to declare a dividend is significantly positively correlated with the board's size, but negatively correlated with the board's independence.
Moreover, neither the relationship between board size nor board independence on dividends decision is significantly moderated by ESG.
Originality/value – Results hold up well to determine the imperative role of board characteristics and more specifically the gender diversity in dividend decision-making and on ESG.
They thus offer compelling evidence in favor of the significance of sustainability in dividends decision.
American Psychological Association (APA)
Nur al-Din, Nivin Husam. 2022. The effect of corporate governance characteristics and gender diversity on dividends decision: does esg matter?. Journal of Accounting Thought،Vol. 26, no. 4, pp.209-237.
https://search.emarefa.net/detail/BIM-1498598
Modern Language Association (MLA)
Nur al-Din, Nivin Husam. The effect of corporate governance characteristics and gender diversity on dividends decision: does esg matter?. Journal of Accounting Thought Vol. 26, no. 4 (2022), pp.209-237.
https://search.emarefa.net/detail/BIM-1498598
American Medical Association (AMA)
Nur al-Din, Nivin Husam. The effect of corporate governance characteristics and gender diversity on dividends decision: does esg matter?. Journal of Accounting Thought. 2022. Vol. 26, no. 4, pp.209-237.
https://search.emarefa.net/detail/BIM-1498598
Data Type
Journal Articles
Language
English
Notes
-
Record ID
BIM-1498598