Value relevance of dividend policy under different agency and transparency regimes : evidence from the MENA region

Dissertant

Njioui, Maryami

Thesis advisor

Faruq, Umar

University

Al Akhawayn University

Faculty

The School of Business Administration

University Country

Morocco

Degree

Master

Degree Date

2010

English Abstract

Does dividend policy depend on agency regimes? Does dividend affect the performance of less transparent firms? This paper tries to answer these questions by testing the relationship between firm performance and dividend policy under agency and transparency regimes.

Prior literature argues that dividend policy has an important role as a signaling device for corporate governance.

Tests on a sample of firms in eight countries in MENA region show a positive relationship between firm performance and dividend policy for both firms with high agency conflicts and opaque firms

Main Subjects

Business Administration

No. of Pages

28

Table of Contents

Table of contents.

Abstract.

[Chapter One] : Introduction.

[Chapter Two] : Motivation and background.

[Chapter Three] : Data.

[Chapter Four] : Methodology.

[Chapter Five] : Conclusion.

References.

American Psychological Association (APA)

Njioui, Maryami. (2010). Value relevance of dividend policy under different agency and transparency regimes : evidence from the MENA region. (Master's theses Theses and Dissertations Master). Al Akhawayn University, Morocco
https://search.emarefa.net/detail/BIM-628972

Modern Language Association (MLA)

Njioui, Maryami. Value relevance of dividend policy under different agency and transparency regimes : evidence from the MENA region. (Master's theses Theses and Dissertations Master). Al Akhawayn University. (2010).
https://search.emarefa.net/detail/BIM-628972

American Medical Association (AMA)

Njioui, Maryami. (2010). Value relevance of dividend policy under different agency and transparency regimes : evidence from the MENA region. (Master's theses Theses and Dissertations Master). Al Akhawayn University, Morocco
https://search.emarefa.net/detail/BIM-628972

Language

English

Data Type

Arab Theses

Record ID

BIM-628972