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Bibliometric study on dividend policy

Geetanjali Pinto (Symbiosis International (Deemed University), Pune, India and ITM Business School Navi Mumbai, ITM Group of Institutions, Navi Mumbai, India)
Shailesh Rastogi (Symbiosis Institute of Business Management, Pune, India and Symbiosis International (Deemed University), Pune, India)
Sanjeev Kadam (Amity Business School, Amity University, Mumbai, India)
Arpita Sharma (Symbiosis Institute of Business Management, Pune, India and Symbiosis International (Deemed University), Pune, India)

Qualitative Research in Financial Markets

ISSN: 1755-4179

Article publication date: 18 November 2019

Issue publication date: 21 January 2020




The purpose of this paper is to study the general trends in the area of dividend policy which will help to identify fertile research streams in this area with a potential for further investigation.


To conduct a systematic literature review, the authors use a three-step methodology to collect resources and thus evaluate the research work done in the area of dividend policy. First, the necessary data are extracted from the Scopus database using the relevant keywords. The initial search results are then narrowed down to include only English language journal publications which are stored in the file. Finally, this file is used as primary data for data analysis. Data analysis is done using bibliometric and network analysis tools to recognize the trends in dividend policy to help researchers identify emergent areas for future work to be done.


This study reveals that research in the area of dividend policy is rapidly expanding since 2005; affiliation statistics show that majority of the publications are done in the USA and the UK; and many questions linked to dividend decision remain unanswered, especially in respect of emerging markets.


There is a need to organize the literature and understand the different areas that have been explored by many researchers. This study attempts to recognize the important research studies, determine the current areas of research attention, provide an understanding for current research interest and provide guidelines for future studies in the area of dividend policy.



Pinto, G., Rastogi, S., Kadam, S. and Sharma, A. (2020), "Bibliometric study on dividend policy", Qualitative Research in Financial Markets, Vol. 12 No. 1, pp. 72-95.



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Copyright © 2019, Emerald Publishing Limited

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