This study examines the influence of corporate governance on dividend policy based on a sample of Canadian firms listed on the S&P/TSX composite index during 2009-2012. The results show that firms with better governance quality. measured by the governance index provided by The Globe and Mail. have larger payouts and have a higher propensity to pay dividends. https://www.spidertattooz.com/Eyevan-Model-163-48-901/