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This study examines the relationship between corporate governance and dividend policy of Nepalese enterprises. The dividend payout and dividend yield are the selected dependent variables. Firm size, liquidity, CEO duality, return on assets, foreign ownership, gender diversity on board, managerial ownership, institutional ownership and leverage are the independent variables. The study is based on 126 observations of 14 Nepalese commercial banks and seven insurance companies for the period of six years from 2010–2011 to 2015–2016. The data are collected from the annual reports of selected Nepalese commercial banks and insurance companies. The multiple regression models are performed to test the significance and impact of corporate governance on the dividend policy of Nepalese enterprises.
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- Impact of Corporate Governance on Dividend Policy of Nepalese Enterprises
Nar B. Bista
Nitesh Raj Bartaula
- Chapter 21
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