Dividend Policy

RESEARCH PROPOSAL DETERMINANTS OF DIVIDEND POLICY OF CEMENT INDUSTY OF PAKISTAN Submitted To: Dr. Ahmed Faisal Imtiaz Siddiqi Submitted By: Muhammad Waqar Akram ID # 12002096-010 Programme: MS-Finance Batch-02 INTRODUCTION Dividend Policy refers to the explicit or implicit decision of the Board of Directors regarding the amount of residual earnings (past or present) that should […]

INTRODUCTION It is becoming increasingly difficult to ignore the significance of dividend policy, considering the fact that payment of dividend reduces earnings available for investment and increase external financing for investment purpose. Most households, investors and pensioners rely heavily on the dividends from their investments to make ends meet. A lot of theories have emerged […]

*We have benefitted from the helpful comments of participants at the 1999 Financial Management Association International Conference, held in Barcelona, Spain. The research assistance of Tasoulla Spyrou, Pantelis Nikolaides, and Philio Demetriou is gratefully acknowledged. This project was partly funded by a European Community MED-CAMPUS program research grant. (Multinational Finance Journal, 2001, vol. 5, no.2, […]