Raoudha Djebali
Current Organizations / Institutes
The organizations/institutes from the scholar's latest article
Research Subjects
Raoudha Djebali has a total of 1 co-authors. Here are the top co-authors by number of shared publications:
- Amel Belanes
College of Business, University of Jeddah, Jeddah, Saudi arabia
1 shared publication
Latest Publications
- Open Access
- 9 July 2015
- Published by Clute Institute in Journal of Applied Business Research (JABR)
- Vol. 31 (4) , 1329-1342
On The Impact Of Family Versus Institutional Blockholders On Dividend Policy
This paper investigates the effect of not only the controlling shareholders but also their identity on dividend policy. For a large panel of French firms during the period 2006-2010, we find that the dividend payout ratio increases with the ownership concentration. However, this result changes with the identity of the largest shareholder. Family-controlled firms are more tempted to distribute lower dividends while firms dominated by institutional investors likely distribute higher dividends. Empirical results also reveal that firms with more independent directors are associated with higher dividend payout in contrast to US cross-listed firms.
- 9 July 2015
- Published by Clute Institute in Journal of Applied Business Research (JABR)
- Vol. 31 (4) , 1329-1342
Open AccessOn The Impact Of Family Versus Institutional Blockholders On Dividend Policy
This paper investigates the effect of not only the controlling shareholders but also their identity on dividend policy. For a large panel of French firms during the period 2006-2010, we find that the dividend payout ratio increases with the ownership concentration. However, this result changes with the identity of the largest shareholder. Family-controlled firms are more tempted to distribute lower dividends while firms dominated by institutional investors likely distribute higher dividends. Empirical results also reveal that firms with more independent directors are associated with higher dividend payout in contrast to US cross-listed firms.