Open access
Aug 2026
Dividend Policy Determinants in New Zealand-Listed Companies: Financial Performance, Board Gender Diversity, and Firm Operational Scope
Among developed-market stock exchanges, the NZX is distinctive. Its imputation credit system and capital-gains-tax exemption create financial incentives for firms to distribute earnings that have no close parallel elsewhere, yet what actually drives payout decisions at the firm level has never been tested in a multivar...
Raj Adhikari, Shafiq Alam, Bing Dai et al.
· Journal of Risk and Financia... · 0 citations