This study evaluates the effect of corporate governance on dividend policy of five commercial banks out of the fifteen that are listed on the Nigerian Stock Exchange over the period of 2003-2012. Data was collected from the Annual reports and accounts of the sampled banks. A panel data methodology (Random-effect GLS regression technique) was employed for the analysis of data. The results reveal that management equity holding has significant effect on dividend payout ratio, Board size and CEO duality has insignificant effect, while board independence exhibit negative but insignificant effect. It is recommended that since the fundamental purpose of any company Download
Instant paper submission
Free plagiarism checking
No copyright transfer
Subject specific journals
Author loyalty reward
Researchjournali®.com is an international journal publishing house from India and publishes research journals on wide range of academic disciplines.
It is a division of private limited company dedicated to online publication and promotion of research in global arena.
Researchjournali provides an alternative modern approach to academic publication and makes research paper publication easy and simple.
At Researchjournali we provide excellent publishing service with highest professional standards to authors.