Board National Diversity and Dividend Policy: Evidence from Egyptian listed companies
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Finance Research Letters
This paper examines whether the presence of foreign board members leads to higher dividend yield in top Egyptian listed companies. Using a sample of the top 50 firms listed on the Egyptian Exchange between 2005 and 2014, I found that there is a significant positive relationship between board national diversity and dividend yield. This paper contributes to the literature by investigating a novel board diversity variable's relationship with dividend policies.
(2021). Board National Diversity and Dividend Policy: Evidence from Egyptian listed companies. Finance Research Letters,
"Board National Diversity and Dividend Policy: Evidence from Egyptian listed companies." Finance Research Letters, 2021,