Purpose In financial literature, dividend payout decisions are determined by factors such as
debt, liquidity, profitability, size and risk. The purpose of this paper is to identify the effect of …

This paper contributes to the debate on why firms pay lower dividends in the stakeholder-
oriented governance regimes of Continental Europe than in the market-oriented Anglo …

Using a sample of Islamic and conventional financial institutions domiciled in 16 countries
for the period 2000–2015, we examine how ownership structure affects dividend policy. Our …

We examine to what extent (aspects of) national culture can explain cross-country variations
in financial literacy. Our results, for a sample of 92 countries, show that Hofstede's …

Purpose The purpose of this paper is to examine how changes in creditors' rights affect the
dividend policy behavior of corporate firms. Design/methodology/approach The authors use …

This research examines whether a destination's national culture has a substantial effect on
tourism development. It focuses on six national culture proportions of Hofstede (2010). To …

We investigate whether ownership concentration influences payout policy and which effect
foreign institutions and government as large shareholders have on payout across firms listed …

While management studies show that micro‐level trust within and between firms affects firm
performance and innovation, it is unclear how macro‐level trust, namely social trust, affects …

This study examines the joint impact of national culture and firm characteristics on dividend
payouts by analyzing firms from 35 countries. We find that national culture, along with firm …

Our paper reveals that family-controlled firms pay less cash dividends than non-family-
controlled firms in Taiwan, which differs from moderating proxy problems by increasing …