IMPACT OF OWNERSHIP STURCTURE ON DIVIDEND POLICY OF FIRM (EVIDENCE FROM PAKISTAN)

被引：0
|
作者：
Shah, Syed Zulfiqar Ali [1 ]
Ullah, Wasim [2 ]
Hasnain, Baqir [3 ]
机构：
[1] Int Islamic Univ, Fac Management Sci, Islamabad, Pakistan
[2] IIUI, FMS, Dept Accounting & Finance, Islamabad, Pakistan
[3] Szabist, Islamabad, Pakistan
来源：
E-BUSINESS, MANAGEMENT AND ECONOMICS | 2011年 / 3卷
关键词：
Ownership Structure; Dividend Payout; LARGE SHAREHOLDERS; AGENCY COSTS;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This study has been conducted to find out the impact of ownership structure on dividend payout behavior of firms. Data has been analyzed for the period of 2002 to 2006. We have used panel data of Pakistani firms listed at Karachi stock exchange to explain the relationship. Common Effect Model has been applied as a research tool and the results have shown a positive relationship between ownership structures and dividend policy. The results have also consistently supported the potential association between ownership structure and dividend payout policy.
引用
收藏
页码：22 / +
页数：3
相关论文
共 50 条
  • [1] Impact of taxation on dividend policy: Evidence from Pakistan
    Khan, Naimat U.
    Jehan, Qurat Ul Ain Shah
    Shah, Attaullah
    RESEARCH IN INTERNATIONAL BUSINESS AND FINANCE, 2017, 42 : 365 - 375
  • [2] Impact of Firm-Bank Relationship on Dividend Policy of the Client Firm: A Study from Pakistan
    Javed, Fahad
    Sultan, Jahanzaib
    Chen Xiaofeng
    PROCEEDINGS OF THE 13TH INTERNATIONAL CONFERENCE ON INNOVATION AND MANAGEMENT, VOLS I & II, 2016, : 932 - 935
  • [3] Banks dividend policy: Evidence from Pakistan
    Imran, Kashif
    Usman, Muhammad
    Nishat, Muhammad
    ECONOMIC MODELLING, 2013, 32 : 88 - 90
  • [4] Ownership structure and dividend policy: Evidence from Iran
    Mehrani, Sasan
    Moradi, Mohammad
    Eskandar, Hoda
    AFRICAN JOURNAL OF BUSINESS MANAGEMENT, 2011, 5 (17): : 7516 - 7525
  • [5] Family Ownership and Dividend Policy: Evidence from India
    Rajverma, Abhinav
    Misra, Arun Kumar
    Kumar, Gaurav
    JOURNAL OF ASIAN FINANCE ECONOMICS AND BUSINESS, 2022, 9 (09): : 61 - 73
  • [6] Impact of board attributes on the firm dividend payout policy: evidence from Malaysia
    Tahir, Hussain
    Masri, Ridzuan
    Rahman, Md Mahfuzur
    CORPORATE GOVERNANCE-THE INTERNATIONAL JOURNAL OF BUSINESS IN SOCIETY, 2020, 20 (05): : 919 - 937
  • [7] Impact of ownership structure and dividend on firm performance and firm risk
    Rajverma, Abhinav Kumar
    Misra, Arun Kumar
    Mohapatra, Sabyasachi
    Chandra, Abhijeet
    MANAGERIAL FINANCE, 2019, 45 (08) : 1041 - 1061
  • [8] The Impact of Institutional Ownership and Dividend Policy on Stock Returns and Volatility: Evidence from Egypt
    Azzam, Islam
    INTERNATIONAL JOURNAL OF BUSINESS, 2010, 15 (04): : 443 - 458
  • [9] The effect of ownership structure on dividend policy: evidence from Turkey
    Al-Najjar, Basil
    Kilincarslan, Erhan
    CORPORATE GOVERNANCE-THE INTERNATIONAL JOURNAL OF BUSINESS IN SOCIETY, 2016, 16 (01): : 135 - 161
  • [10] Impact of firm characteristics and ownership structure on firm efficiency: evidence from non-financial firms of Pakistan
    Habib, Shafaat Muhammad
    Hussain, Haroon
    Al-Faryan, Mamdouh Abdulaziz Saleh
    Hussain, Rana Yassir
    COGENT ECONOMICS & FINANCE, 2022, 10 (01):
12345