Ownership Structure and Dividends Policy: Emerging Market Evidence

Ahmad N. Obaidat

International Business Research, 2018, vol. 11, issue 6, 65-72

Abstract: This study investigated the effect of ownership structure on the dividend policy of the financial firms listed on Amman Stock Exchange (ASE) for the period 2014-2016. The results indicated a positive relationship between dividend and institutional, managerial, and foreign ownership, and negative relationship between dividend and ownership concentration. The result also indicated that a large portion of the ownership is in the hand of the instructions and the board of directors, and the ownership is not highly concentrated.

Keywords: ownership structure; dividend; financial firms; Amman stock exchange (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:ibn:ibrjnl:v:11:y:2018:i:6:p:65-72

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