Ministry of Education, Culture, Sports, Science and Technology:Grants-in-Aid for Scientific Research(研究活動スタート支援)
Date (from‐to) : 2011 -2012
Author : Toshinori SASAKI
I have conducted an empirical analysis of the impact of variousfactors, including corporate governance in payout policy of Japanese companies. First, Iinvestigated the effect of ownership structure and cash holdings on the payout policy. Next,I investigated the effect of ownership structure and life cycle of the firm on the payoutpolicy, and finally, I investigated