Impact of Corporate Governance on Firms' Dividend Policy

Zusatztext

This book analyzes the impact of Corporate Governance Practices and Firm Characteristics on the Dividend Policies of sample IT Firms listed in BSE in India. Dividend Payout is one of the significant proactive measures employed to reduce the agency costs of business enterprises. Corporate enterprises are envisioned to achieve sustained, long term growth and success based on the foundations of accountability, equity, fairness and transparency in the organizational operations. Both financial resources and human capital have to be optimally utilized to earn higher revenues and profits, which can be appropriated to reward the shareholders in the form of dividends. Besides, it is also beneficial for industrial enterprises to align their business operations in sync with the global standards and system of financial accounting, auditing and reporting and the best practices of corporate governance. Corporate Governance facilitates the business organizations to protect the larger interests of all the stakeholders that include the suppliers, creditors, investors, policy makers, apex regulatory institutions and the economy.

Autorenportrait

SIGO. MARXIA OLI is a M.Phil scholar (Former), Department of Commerce & Financial Studies at Bharathidasan University, Trichy. MURUGESAN SELVAM is the Professor and Head, Department of Commerce & Financial Studies at Bharathidasan University, Trichy. He is the Founder-Publisher cum Chief Editor of SMART Journal of Business Management Studies.

Weitere Details