Ofori-Sasu, Daniel; Dzeha, Gloria Clarissa; Boachie, … - In: Research in globalization 5 (2022), pp. 1-10
The paper investigates the role of board dynamics in explaining the effect of payout policy on shareholders' wealth … 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 …