The Impact of Internal and External Monitoring Measures on Firm ’ s Dividend Payout : Evidence From Selected Malaysian Public Listed Companies

This paper examines the impact on dividend payouts of internal and external monitoring measures instituted by companies to improve their corporate governance structures. The study involves 120 selected Malaysian listed companies over a four-year period from 1996 to 1999. This period encompassed the 1997/98 Asian financial crisis which affected most… (More)