Год выпуска: 2013 Автор: Maryam Jamshaid Издательство: LAP Lambert Academic Publishing Страниц: 132 ISBN: 9783659418716
Описание
Dividend policy is one of the very important issues of modern corporate finance. It is the most debatable topic which still maintains its prominent place. This book is a worthy contribution towards the existing body of knowledge by providing the evidence about the determinants of dividend policy in the context of the chemical sector in Pakistan. The objective of this research was to examine the determinants that influence the dividend payout policy of the chemical sector companies listed on Karachi Stock Exchange. The estimations have been accomplished using the panel data analysis technique for a sample of 15 companies during 2005 - 2010. EVIEWS 5.0 was used to analyze the data. Random Effect Model and Fixed Effect Model were used to estimate the multiple regression equation. The results of the study revealed that according to Random Effect Method dividend payment decision of chemical sector companies is influenced by cash flow ratio, liquidity (current ratio) and size (log of total...
