Issue |
E3S Web Conf.
Volume 409, 2023
International Conference on Management Science and Engineering Management (ICMSEM 2023)
|
|
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Article Number | 05010 | |
Number of page(s) | 12 | |
Section | Economic and Social Effects | |
DOI | https://doi.org/10.1051/e3sconf/202340905010 | |
Published online | 01 August 2023 |
Analysis on Regional Guidance Mechanism for Promoting Prevention Based on Combination of Traditional Chinese Medicine and Western Medicine
1 Department of Business and Management Studies, Nazeer Hussain University, Karabchi, Pakistan
2 Department of Economics & Management Sciences, NED University of Engineering & Technology
* e-mail: Asifkamrankhan@gmail.com
This research empirically explores the aspects that define the dividend payout results among banks. The aim of this research is calculate the existence of relationship between dividends of banking sectors in Pakistan. This study considers the impact of four variables, namely, earning per share, capital ratio, size and cash flow per share on the dividend payout ratios by using unbalanced panel data set of fifteen listed banks. Secondary data was used under analysis and data was retrieved from the financial statement analysis banking sector listed in the Pakistan Stock Exchange (PSX) published by State bank of Pakistan. Secondary data was tested through E-views software version 9 with the descriptive analysis, unit root test, correlation, Hausman test and regression. Empirical results show that dividend payout policies are positively affected by the earning per share and cash flow but are negatively affected by the capital ratio and size of the banks. The results obtained also indicate that firms pay dividends with the intention of the reducing agency conflicts.
Key words: Supplier selection / Dividend policy / Finance / Payout policy / Agency problems / Ratios algorithm
© The Authors, published by EDP Sciences, 2023
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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