This study aims to examine whether or not family control benefiting the internal and external governance mechanism mitigate agency problems affecting dividends in a capital market environment improve investor protection such as Indonesia. The quantitative analysis model was used test hypotheses based on panel data of 58 firms listed from 2012 2019, random effect technique (pooled EGLS). finding...

The aim of this paper is to identify and analyses the influence of shareholder ownership identity on payout ratio for a panel of Iran firms from 2002 and 2008. We find that there is a significant positive correlation between institutional ownership and payout ratio. The relation between payout ratio and individual ownership is negative. The most finding of the study indicates that Iranian compa...