Ofori-Sasu, Daniel; Dzeha, Gloria Clarissa; Boachie, … - In: Research in globalization 5 (2022), pp. 1-10
creation at the market and bank levels. The study employs the 2SLS estimation of a panel dataset of 528 banks from 29 African … dynamics create market and bank-level wealth to shareholders. Further, payout policy reduces shareholders' wealth creation in … the market but increases bank-level wealth of shareholders. The study finds that payout policy can be utilized as a …