Leader’s Social Relationship and the Policy of Dividend Distribution: Study of Tunisian Non-Financial Listed Companies.

Abstract

In an attempt to examine the influence of the leader's social relation on dividend distribution policy in a context of listed non-financial Tunisian firms, a multiple linear model is constructed in a period stretching between 2001-2014.Thus, our empirical study is based on the estimation of a single model by following the multiple linear regression technique (Panel).

Our results of the estimate of our model show a positive effect between the Leader's social relationship and the policy of dividend distribution in a context of the Tunisian non-financial listed companies.