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Board Size and Dividend Policy: A Review

Author

Listed:
  • Haroon Hussain

    (School of Economics, Finance and Banking, Universiti Utara Malaysia, Changlun, Malaysia)

  • Rohani Md-Rus

    (School of Economics, Finance and Banking, Universiti Utara Malaysia, Changlun, Malaysia)

  • Hamdan Amer Ali Al-Jaifi

    (School of Economics, Finance and Banking, Universiti Utara Malaysia, Changlun, Malaysia)

Abstract

The current study aimed at reviewing the theoretical and empirical research regarding board size and dividend policy. The role of board has been emphasized in the previous studies in monitoring the managerial decisions. In terms of the methodology, the current study has reviewed and identified most of previous studies on the role of board size and dividends. The results are mixed regarding the effectiveness of board depending on its size. The results of the previous studies are mixed and alternative views are reported based on agency theory and resource dependency theories. Future studies may focus on the composition of boards in terms of their education, knowledge and experience along with the board size.

Suggested Citation

  • Haroon Hussain & Rohani Md-Rus & Hamdan Amer Ali Al-Jaifi, 2017. "Board Size and Dividend Policy: A Review," International Journal of Business and Administrative Studies, Professor Dr. Bahaudin G. Mujtaba, vol. 3(5), pages 197-201.
    • Handle: RePEc:apa:ijbaas:2017:p:197-201
    DOI: 10.20469/ijbas.3.10005-5
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    References listed on IDEAS

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    2. Surya Nuriansyah & Asrid Juniar & Redawati, 2017. "Factors Affecting Dividend Payout Ratio of Food and Beverage Manufacturing Companies in Indonesia," International Journal of Business and Administrative Studies, Professor Dr. Bahaudin G. Mujtaba, vol. 3(6), pages 229-238.

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