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All Outputs (3)

Dividend policy of Indonesian listed firms: the role of families and the state (2018)
Journal Article
Duygun, M., Guney, Y., & Moin, A. (2018). Dividend policy of Indonesian listed firms: the role of families and the state. Economic Modelling, 75, 336-354. https://doi.org/10.1016/j.econmod.2018.07.007

We investigate factors influencing the dividend policy of the listed Indonesian firms by focusing on agency costs and ownership structure. Our study finds that firms with higher conflicts of interest among managers and shareholders pay lower dividend... Read More about Dividend policy of Indonesian listed firms: the role of families and the state.

Board independence, corruption and innovation: some evidence on UK subsidiaries (2018)
Journal Article
Sena, V., Duygun, M., Lubrano, G., Marra, M., & Shaban, M. (2018). Board independence, corruption and innovation: some evidence on UK subsidiaries. Journal of Corporate Finance, 50, 22-43. https://doi.org/10.1016/j.jcorpfin.2017.12.028

In this paper we test the hypothesis that independent boards can insulate a company from the detrimental impact of corruption on its performance (proxied by innovation). To this purpose, we have estimated an innovation production function that links... Read More about Board independence, corruption and innovation: some evidence on UK subsidiaries.