The effect of corporate governance on dividend policy of firm: a study on Malaysian trading/service/food companies / Noor Sazierah Tahir

This study is to investigate the effect of corporate governance on dividend policy of trading, service and food companies in Malaysia. It is to examine the relationship between board size, board independence and CEO duality with dividend yield of the company. This study consists 7 years from 2012 to 2018 with 480 observations and data collected from annual report and data stream. Secondary data have been used in this study and using Stata software to analyze the relationship between variables. By Stata software, board independence and CEO duality are positively significantly relationship with dividend policy of the company. However, board size is insignificantly positive relationship with dividend policy. More than that, this study can contribute to the future researcher, policy maker and others to understand how board size, board independence and CEO duality influences the dividend yield of the company.