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.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.