Ownership Structure and Dividend Policy of Listed Oil and Gas Companies in Nigeria
ASMAU ALEX ZATIOCK,
YUSHA'U IBRAHIM ANGO,
ZAINAB DABO
Abstract:The study examines the effect of ownership structure on dividend policy of listed oil and gas companies in Nigeria. The independent variable was proxied using managerial ownership, government ownership and foreign ownership. On the other hand, dividend policy was proxied by dividend payout ratio. The study employed the ex-post facto research design in analyzing the panel data collected from eight (8) oil and gas companies sampled from a total population of twelve companies listed on the Nigerian Exchange Group… Show more
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