Analysis on Regional Guidance Mechanism for Promoting Prevention Based on Combination of Traditional Chinese Medicine and Western Medicine
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, capi...
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Format: | Article |
Language: | English |
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EDP Sciences
2023-01-01
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Series: | E3S Web of Conferences |
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Online Access: | https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/46/e3sconf_icmsem2023_05010.pdf |
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author | Abdul Jabbar Bushra Haidery Asmara Kamran Asif Zafar Farrukh |
author_facet | Abdul Jabbar Bushra Haidery Asmara Kamran Asif Zafar Farrukh |
author_sort | Abdul Jabbar Bushra |
collection | DOAJ |
description | 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. |
first_indexed | 2024-03-12T17:57:49Z |
format | Article |
id | doaj.art-bf76bbaedf064bd4990e1e2ba90994a6 |
institution | Directory Open Access Journal |
issn | 2267-1242 |
language | English |
last_indexed | 2024-03-12T17:57:49Z |
publishDate | 2023-01-01 |
publisher | EDP Sciences |
record_format | Article |
series | E3S Web of Conferences |
spelling | doaj.art-bf76bbaedf064bd4990e1e2ba90994a62023-08-02T13:21:23ZengEDP SciencesE3S Web of Conferences2267-12422023-01-014090501010.1051/e3sconf/202340905010e3sconf_icmsem2023_05010Analysis on Regional Guidance Mechanism for Promoting Prevention Based on Combination of Traditional Chinese Medicine and Western MedicineAbdul Jabbar Bushra0Haidery Asmara1Kamran Asif2Zafar Farrukh3Department of Business and Management Studies, Nazeer Hussain UniversityDepartment of Business and Management Studies, Nazeer Hussain UniversityDepartment of Economics & Management Sciences, NED University of Engineering & TechnologyDepartment of Economics & Management Sciences, NED University of Engineering & TechnologyThis 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.https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/46/e3sconf_icmsem2023_05010.pdfsupplier selectiondividend policyfinancepayout policyagency problemsratios algorithm |
spellingShingle | Abdul Jabbar Bushra Haidery Asmara Kamran Asif Zafar Farrukh Analysis on Regional Guidance Mechanism for Promoting Prevention Based on Combination of Traditional Chinese Medicine and Western Medicine E3S Web of Conferences supplier selection dividend policy finance payout policy agency problems ratios algorithm |
title | Analysis on Regional Guidance Mechanism for Promoting Prevention Based on Combination of Traditional Chinese Medicine and Western Medicine |
title_full | Analysis on Regional Guidance Mechanism for Promoting Prevention Based on Combination of Traditional Chinese Medicine and Western Medicine |
title_fullStr | Analysis on Regional Guidance Mechanism for Promoting Prevention Based on Combination of Traditional Chinese Medicine and Western Medicine |
title_full_unstemmed | Analysis on Regional Guidance Mechanism for Promoting Prevention Based on Combination of Traditional Chinese Medicine and Western Medicine |
title_short | Analysis on Regional Guidance Mechanism for Promoting Prevention Based on Combination of Traditional Chinese Medicine and Western Medicine |
title_sort | analysis on regional guidance mechanism for promoting prevention based on combination of traditional chinese medicine and western medicine |
topic | supplier selection dividend policy finance payout policy agency problems ratios algorithm |
url | https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/46/e3sconf_icmsem2023_05010.pdf |
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