The effect of family business professionalization on dividend payout

The topic of dividend policies of private family-controlled firms has aroused the interest of corporate finance and governance scholars and practitioners alike. However, a lot of questions concerning the dividends in privately held family firms remain unanswered. The purpose of this paper is to examine whether a private family firm’s dividend payout is influenced by its degree of professionalization.

Publication year:2017

Keywords:SME, family firm, dividend, professionalization

BOF-keylabel:yes

Accessibility:Open