Dividend Policy: A Bibliometric Analysis

Abstract

The dividend is one of the controversial topics in Financial Management which mean earnings of management how much amount is distributed to the shareholders and what percentage is retained in the business. The main objective of the study is to provide a comprehensive overview of previous studies related to the topic of Dividend Policy in the context of statistical analysis of published articles/documents around the world. For this purpose, Bibliometric Analysis was conducted through the Bibliometrix library and the Biblio-Shiny platform of RStudio. The web of Science database was used for the collection of data on the topic of Dividend Policy. The search was made in the web of science database with the keywords “The dividend policy”, “Dividend payouts”, “Determinants” and “Lintner model” covering the period of 20 years from 2002 to 2022. The publications/documents/articles included in the study were written by 839 authors from all over the world. The Bibliometric Analysis of the collected data indicates that the Dividend Policy has a significant contribution to scientific production. In 2011, there was a great increment in the number of publications and since 2018 the publications are continuously increasing. USA, UK and China are the pre-eminent countries having significant contributions to research on Dividend Policy.