Keywords: Dividend payout ratio
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Journal Articles
Journal of Accounting in Emerging Economies (2014) 4 (1): 57–78.
Published: 25 February 2014
... institutional shareholding and dividend payout ratios of Ghanaian firms, indicating that the existence of institutional shareholding substitutes for dividends in reducing agency costs. They (Amidu and Abor, 2006) also find a negative association between dividend payouts and market-to-book ratio, indicating...

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