International Journal of Business Ethics in Developing Economies

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Relationship of Corporate Governance With Firm’s Performance and Dividend Payout:A Literature Review


Affiliations
1 Department of Commerce, School of Commerce and Management, Central University of Rajasthan, Ajmer, Rajasthan, India
2 School of Commerce and Management, Central University of Rajasthan, Ajmer, Rajasthan, India
     

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The present study aims to find the research gap between corporate governance, firm performance, and dividend payout through available literature and develop future scope of the study. The study reviewed 100 research papers covering time from 1995 to 2016. The papers were classified and analyzed based on various approaches.

The review of literature indicates that research work on area of corporate governance has increased after 2007-08 crises. The study reveals that the relationship of different variables of corporate governance with dividend payout and firm performance are mixed in nature. It also indicates that different countries have different socio-economic, cultural, political, and legal dimensions that in turn affect the governance regulations of any country. Present study classifies, summarizes, and analyzes the past literature and provides a comprehensive review on corporate governance mechanism, which may be helpful for future research in same area.


Keywords

Corporate Governance, Dividend Payout, Firm Performance, Literature Review.
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  • Relationship of Corporate Governance With Firm’s Performance and Dividend Payout:A Literature Review

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Authors

Sushila Soriya
Department of Commerce, School of Commerce and Management, Central University of Rajasthan, Ajmer, Rajasthan, India
Narender Kumar
School of Commerce and Management, Central University of Rajasthan, Ajmer, Rajasthan, India

Abstract


The present study aims to find the research gap between corporate governance, firm performance, and dividend payout through available literature and develop future scope of the study. The study reviewed 100 research papers covering time from 1995 to 2016. The papers were classified and analyzed based on various approaches.

The review of literature indicates that research work on area of corporate governance has increased after 2007-08 crises. The study reveals that the relationship of different variables of corporate governance with dividend payout and firm performance are mixed in nature. It also indicates that different countries have different socio-economic, cultural, political, and legal dimensions that in turn affect the governance regulations of any country. Present study classifies, summarizes, and analyzes the past literature and provides a comprehensive review on corporate governance mechanism, which may be helpful for future research in same area.


Keywords


Corporate Governance, Dividend Payout, Firm Performance, Literature Review.

References