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The effect of the board composition on dividends: The case of brazilian and chilean family firms
del Carmen Briano-Turrent, Guadalupe; Watkins-Fassler, Karen; Puente-Esparza, M.L (Universidad de Malaga, 2020)Based on the agency theory, this paper analyzes whether family firms pay more dividends compared to no-family firms and identifies whether the board composition affects the dividend policy. Brazil and Chile have established ...