Relationship:Financial Leverage and DPO Ratios of Cos Listed at KSE的封面
书籍主题:
Relationship:Financial Leverage and DPO Ratios of Cos Listed at KSE
LAP LAMBERT Academic Publishing
(2013-03-08
)
有获得代金券的资格
ISBN-13:
978-3-659-35848-7
ISBN-10:
3659358487
EAN:
9783659358487
书籍语言:
英文
作品简介:
Dividends are important for the shareholders as well as for the managers of the company.In a firm dividend decision affects the capital structure of a firm. Presence of debt in the capital structure of a firm restricts the firm in certain areas and these restrictions sometimes compel the companies to go for the omission of dividends or to set a lower dividend payout ratio. Lower dividend payout refers to the higher retained earnings, higher liquidity and lesser chances of getting into more debt. This study aims to find the relationship and impact of financial leverage on the dividend policy of the firms in the Chemical and Pharmaceutical Sector and the Fuel and Energy Sector listed at Karachi Stock Exchange (Pakistan). The results of the study revealed that Fuel and Energy Sector is more indebted than the Chemical and Pharmaceutical Sector and the financial leverage has a negative relationship with the dividend payout ratio of the firms.