The moderating effect of family ownership on the relationship between firms' characteristics and dividends: evidence from Jordan

Key Points

• This research investigates how family ownership influences the relationship between various characteristics of firms and their dividend payouts.
• Analyzed data from firms operating in Jordan.
• Examined the moderating effect of family ownership type on dividend distributions.
• Utilized statistical models to assess the relationship between firm characteristics and dividends.
• Family ownership significantly moderates the relationship between firm characteristics and dividends.
• Firms with higher family ownership show distinct dividend policies compared to non-family-owned firms in Jordan.
• The findings indicate that jurisdictional differences impact dividend distribution strategies.