Financial Performance of Family Run- Businesses with Special Reference to NSE India

Abstract

This study investigates the relationship between dividend policy and the financial performance of family-owned businesses listed in NSE India. The study considered the time series data from 2015 to 2022. The study applied the bivariate correlation and linear regression method for the examination of framed objectives. The study results show that there is a strong positive correlation between dividend decisions made by family members and return on assets, suggesting that increasing dividend payouts can lead to higher return on assets. The study highlights the importance of balancing enterprise value and financial performance in family-run businesses to ensure sustainable growth and expansion while maintaining financial stability. The findings contribute to the existing literature with the impact of dividend policy on financial performance, particularly in family-owned businesses.