Does gender diversity on firm's board affect dividend payouts? Evidence from India

Artikel

This study attempts to determine whether gender diversity on the firm's board affects the dividend payout ratio concerning firms listed on Nifty 50 in India. Multiple regression analysis and the logit model have been employed. The dependent variable is the dividend payout policy of the firm, and the independent variable is gender diversity. The regression model incorporated control variables that have been popularly listed in the extant literature. The robustness of the results has also been tested. It was found that there exists a positive association between the percentage of female directors and the dividend payout ratio. Results also found that there is a positive impact of the number of female directors on the dividend to total assets. This implies that gender diversity on board positively affects the payout ratio of firms. This study is the first of its kind to investigate the association of gender diversity on the firm's board and dividend payout ratio.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Journal: Future Business Journal ; ISSN: 2314-7210 ; Volume: 7 ; Year: 2021 ; Issue: 1 ; Pages: 1-11 ; Heidelberg: Springer

Klassifikation und Themen

• Klassifikation: Management
• Thema: Dividend payout ratio ; Gender diversity ; Percentage of female directors

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Mulchandani, Kalyani ; Mulchandani, Ketan ; Sahil Singh Jasrotia
• Ereignis: Veröffentlichung
• (wer): Springer
• (wo): Heidelberg
• (wann): 2021

Weitere Informationen

• DOI: doi:10.1186/s43093-021-00070-z
• Handle: http://hdl.handle.net/10419/246675
• Letzte Aktualisierung: 10.03.2025, 11:45 MEZ