Please use this identifier to cite or link to this item:
Title: Gulf Cooperation Council Energy Sectors Governance and Dividend Policy
Other Titles: Gulf Cooperation Council Energy Sectors Governance and Dividend Policy
Authors: Awwad, Bahaa
Hamdan, Allam
Keywords: Gulf Cooperation Council Financial Markets;Agency Theory
Issue Date: Apr-2018
Publisher: International Journal of Economics and Financial
Citation: Awwad,B, Hamdan, A "GCC Energy Sectors Governance and Dividend Policy" . (2018). International Journal of Economics and Financial Issues). Vol. (8), No. (4), pp. 1-9.
Series/Report no.: Vol. (8), No. (4);pp. 1-9
Abstract: This study is aims to investigate the governance of the most important sector in the Gulf financial markets, energy sectors. It also looks into the effect of corporate governance on one of the most significant financial polices of in organizations, which is dividend policy. This study involves a sample of eight energy firms in a 10 years’ time series, 2008–2017. These firms were selected from six Gulf financial markets: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and United Arab Emirates. The corporate governance was measured by using four indicators. Whereas, the dividend policy was expressed by payout ratio. The findings of the study showed that the outcome hypothesis is adopted in the Gulf Cooperation Council energy sectors; the companies with good governance seek to distribute the profits among shareholders to reduce the conflict of interests and reduce the agency costs. The results also indicated a positive role of public governance in the relationship between corporate governance and the dividend policy.
ISSN: ISSN: 2146-4138
Appears in Collections:Business and Economics Faculty

Files in This Item:
File Description SizeFormat 
GCC Energy Sectors Governance and Dividend Policy.pdf389.57 kBAdobe PDFThumbnail

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.