This book helps to provide an insight into the relationship between corporate governance mechanism and dividend policy in Nigeria using a well robust theoretical and behavioural framework of the Full Adjustment Model (FAM), Partial Adjustment Model (PAM) and the Waud Model (WM). Similarly, this is the only study, to the best of the researcher's knowledge within the Nigerian context that has incorporated the agency conflict as a variable in the determination of dividend payout as measured by organizational asset utilization ratio and the management of discretionary operating expenses.