THE RELATIONSHIP BETWEEN BOARD CHARACTERISTICS AND CORPORATE DIVIDEND POLICY: EVIDENCE FROM JORDAN

This paper examines the impact of Board characteristics (board size, board independence, and gender) on corporate policy dividend for a set 128 firm-year listed companies manufacturing sector from Amman Stock Exchange between years 2016-2018. The directors have great influence in handling agency conflict. They approve any decision made by executive manager before decisions manner. Also, dividends can be used as tool mitigating uses panel data approach analyzing sample results show that there is positive relationship directors' (Board diversity depicted outside policy. Our recommendations are Jordanian should comply with code governance diversify their boards appointing more female within boards. will also help to create healthy owners firms or shareholders minimize conflict theory.