Determinants of dividend payout policy: An empirical study of banking sector of Pakistan

A tétel rövid nézete
dc.contributor.authorAhmad , Ishtiaq
dc.contributor.authorMuqaddas, Muhammad Fahid
dc.date.accessioned2021-06-28T11:16:02Z
dc.date.available2021-06-28T11:16:02Z
dc.date.issued2016-12-31
dc.description.abstractOne good way to communicate financial performance of a bank to its shareholders is the payment of dividend. The present study is attempted to explore the influence of financial efficiency, safety, risk and profitability on dividend policy using panel data of 10 commercial banks listed at Pakistan Stock Exchange (PSX) for a period of 9 years between 2006 to 2014. The panel regression technique is used to analyze the data. The analysis shows a positive relationship of dividend payout ratio with safety and profitability in banking sector of Pakistan. The study identifies a negative association of dividend payout measure with financial efficiency and risk. The results show the statistically significant association of safety, risk and profitability with dividend payout ratio. Based on these findings it is concluded that safety, risk and profitability measures are relatively strong measures for defining dividend policy. The results are strongly indicating that safer the banks, the greater payout ratio the bank has. Moreover; banks with higher profitability and lower non-performing loans (NPLs) are believed to pay more dividends. JEL code: G21, G23, G35en
dc.formatapplication/pdf
dc.identifier.citationApplied Studies in Agribusiness and Commerce, Vol. 10 No. 4-5 (2016) , 101-106
dc.identifier.doihttps://doi.org/10.19041/APSTRACT/2016/4-5/13
dc.identifier.eissn1789-7874
dc.identifier.issn1789-221X
dc.identifier.issue4-5
dc.identifier.jatitleAPSTRACT
dc.identifier.jtitleApplied Studies in Agribusiness and Commerce
dc.identifier.urihttps://hdl.handle.net/2437/317797en
dc.identifier.volume10
dc.languageen
dc.relationhttps://ojs.lib.unideb.hu/apstract/article/view/6894
dc.rights.accessOpen Access
dc.rights.ownerUniversity of Debrecen, Faculty of Economics and Business, Hungary
dc.subjectDividend payouten
dc.subjectfinancial efficiencyen
dc.subjectrisken
dc.subjectinvestment to total assets and profitabilityen
dc.titleDeterminants of dividend payout policy: An empirical study of banking sector of Pakistanen
dc.typefolyóiratcikkhu
dc.typearticleen
dc.type.detailedidegen nyelvű folyóiratközlemény hazai lapbanhu
Fájlok
Eredeti köteg (ORIGINAL bundle)
Megjelenítve 1 - 1 (Összesen 1)
Nincs kép
Név:
pdf
Méret:
401.08 KB
Formátum:
Adobe Portable Document Format
Letöltés
Gyűjtemények
APSTRACT - Applied Studies in Agribusiness and Commerce (DE-journals)