Corporate ownership structure impacts dividend payouts in emerging markets.
The article explores how the ownership structure of companies in Jordan affects their dividend payout policies. The researchers found that institutional ownership is linked to lower dividends per share, while state ownership is linked to lower overall dividend payments. Companies with the five largest shareholders tend to pay higher dividends. Additionally, firms with more available cash are more likely to pay dividends, while larger companies are less likely to do so. Lastly, companies with good investment opportunities are more likely to pay dividends, and those with high debt levels tend to pay lower dividends.