The Effects Of Corporate Governance On Dividend Payout Policies In Malaysian Banks
Volume 2 - Issue 2, February 2018 Edition
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Author(s)
Tariq Adel Saad Al-Kahmisi, Hafinaz Hasniyanti Hassan
Keywords
corporate governance, dividend payout policy, banks, Malaysia
Abstract
The aim of this study is to exam the effect of corporate governance on dividend payout policies in Malaysian banks. In particular, it aims to study the relationship between the board size, board independence, and CEO duality and to test the correlation that affects the dividend policy in the Malaysian banks. In this research, the sample of this research were six Malaysian banks from public listed companies in Malaysia for five years from 2011 to 2015. Data was collected from the company annual report and data stream. The data was analyzed using SPSS, the correlation and ANOVA analysis were used to investigate the relations of board size of a company, board independence, and the CEO duality with the company dividend. The research findings show that the CEO duality and board independence has negative relationship to the company dividend policy. The research is expected to contribute to the investor, policymaker, shareholder, further researchers and academicians, the understanding on the viable that indulge on the company dividend policy. Thus, the level of corporate governance can be improved.
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