This work has as main objective to determine the effect country, type of institution (its ownership, public or private …

This paper analyzes the relationship between the dividend and debt policies, firm risk and the director’s ownership …. Firstly, the results show that the payment of dividends reduces the risk and the leverage, and increases the ownership … repercussion on the ownership. Thirdly, we can see that the most indebted companies distribute an inferior quantity of dividends …

This work has as main objective to determine the effect country, type of institution (its ownership, public or private …