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Introduction:

Family firms make up a significant portion of businesses worldwide, playing a crucial role in the global economy. One of the key decisions that family firms must make is their dividend policy, which refers to the process by which firms decide how much of their earnings to distribute to shareholders as dividends. The unique characteristics of family firms, such as the presence of intergenerational relationships and overlapping roles between family members and business managers, can significantly influence their dividend policy decisions.

This study aims to explore the corporate dividend policy in family firms and examine the factors that influence these decisions. By investigating the dividend policies of family firms, this research seeks to provide insights into the relationship between family dynamics and financial decision-making within these organizations.

Table of Contents:

Chapter 1: Introduction
1.1 Introduction
1.2 Background of Study
1.3 Problem Statement
1.4 Objective of Study
1.5 Limitation of Study
1.6 Scope of Study
1.7 Significance of Study
1.8 Structure of the Thesis
1.9 Definition of Terms

Chapter 2: Literature Review
2.1 Introduction to Literature Review
2.2 Definition of Family Firms
2.3 Theoretical Frameworks of Dividend Policy
2.4 Factors Influencing Corporate Dividend Policy
2.5 Dividend Policy in Family Firms
2.6 Agency Theory and Dividend Policy
2.7 Behavioral Aspects of Dividend Policy
2.8 Empirical Studies on Dividend Policy in Family Firms
2.9 Summary of Literature Review
2.10 Gaps in Existing Literature

Chapter 3: Research Methodology
3.1 Introduction to Research Methodology
3.2 Research Design
3.3 Data Collection Methods
3.4 Sampling Techniques
3.5 Data Analysis
3.6 Ethical Considerations
3.7 Validity and Reliability
3.8 Limitations of Research Methodology

Chapter 4: Discussion of Findings
4.1 Introduction to Discussion of Findings
4.2 Analysis of Data
4.3 Comparison with Existing Literature
4.4 Interpretation of Results
4.5 Implications for Family Firms
4.6 Managerial Recommendations
4.7 Future Research Directions

Chapter 5: Conclusion and Summary
5.1 Summary of Findings
5.2 Conclusion
5.3 Contributions to Literature
5.4 Practical Implications
5.5 Limitations of Study
5.6 Suggestions for Future Research
5.7 Conclusion

This thesis will provide a comprehensive analysis of the corporate dividend policy in family firms, shedding light on the complex interplay between family dynamics and financial decision-making in these organizations. The findings of this study will contribute to the existing body of literature on family firms and dividend policy, offering valuable insights for academics, practitioners, and policymakers.

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