Corporate Governance and Dividend Policy : An Empirical Analysis From Borsa Istanbul Corporate Governance Index (XKURY)
Why this work is in the frame
A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.
Bibliographic record
Abstract
The aim of this research is to analyze the potential relationship between corporate governance and dividend policy. To conduct this research, a sample of 19 corporations from the Borsa Istanbul (BIST) Corporate Governance Index (XKURY), which is composed of listed companies who accomplished a certain level of Corporate Governance Principles over the period of 2007-2014, were selected. OLS (Ordinary Least Squares) panel regression analysis has been performed. The potential relationship between ownership structure and dividend policy has also been analyzed by utilizing the independent variables of ownership concentration, managerial ownership and total foreign ownership. In addition to our independent variables, we also included return on equity (ROE) and firm size to our research in order to increase the explanatory power of our model. This study finds an insignificant relationship between corporate governance and dividend policy. On the other hand, we obtained significant positive relationship between total foreign ownership and dividend policy and significant negative relationships between ownership concentration and dividend policy and managerial ownership and dividend policy. Finally, we obtained significant negative association between return on equity (ROE) and dividend policy and significant positive association between firm size and dividend policy.
Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.
Full frame distilled prediction
Teacher imitationNot calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.
Codex and Gemma teacher scores by category
| Category | Codex | Gemma |
|---|---|---|
| Metaresearch | 0.003 | 0.001 |
| Meta-epidemiology (narrow) | 0.001 | 0.001 |
| Meta-epidemiology (broad) | 0.001 | 0.000 |
| Bibliometrics | 0.000 | 0.006 |
| Science and technology studies | 0.001 | 0.001 |
| Scholarly communication | 0.001 | 0.004 |
| Open science | 0.001 | 0.001 |
| Research integrity | 0.000 | 0.001 |
| Insufficient payload (model declined to judge) | 0.000 | 0.000 |
Machine scores (provisional)
The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.
Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.
score_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it