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
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.
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页码:22 / +
页数:3
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