Degree

Master of Science in Islamic Banking & Finance

Department

Department of Finance

Faculty/ School

Faculty of Business Administration (FBA)

Date of Submission

Fall 2021

Supervisor

Dr. Heman Das Lohano, Professor-Program Director PhD/MS (Economics) & BS (EM), Department of Economics, Institute of Business Administration (IBA), Karachi

Abstract

Dividend’s policy is one of the important policies along with financial and investment policies in the area of decision making in finance world. The decisions regarding dividend policy are the mainly important business decisions organizations have to make. There are several variables which do affect the dividend payout policy of a company and each company and industry has different dividend policy and it affects greatly on business, share price and future growth. The current study investigated the impact of Insider Ownership, Leverage, ROA and firm size on DPR. The study has used Insider Ownership, Leverage, ROA and firm as independent variables and DPR as dependent variable. The study has collected the panel data of 30 firms for the time period of total 9 years from 2011 to 2019.

Descriptive, Correlation and regression was applied to analyze the data with the execution of SPSS software. The results indicate that Insider Ownership has positive impact on DPR. However, the results also indicate that ROA have significant impact on DPR. Furthermore, the results indicate that Firm Size and Leverage have insignificant impact on DPR.

Document Type

Restricted Access

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