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Patterns of capital structure and dividend policy in Pakistani corporate sector and their impact on organization performance

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  • Hunjra, Ahmed Imran
  • Bilal, Muhammad
  • Shafi, Haroon
  • Ullah, Ikram
  • Rehman, Kashif-Ur-

Abstract

The purpose of this study is to determine the patterns of capital structure decisions and dividend policy as well as their level of application in Pakistani corporate sector and also to check the impact of capital structure and dividend policy on organization performance. A total of ninety one questionnaires were distributed in different companies but seventy three filled were received and sixty one were processed for the analysis. The potential respondents were finance executives and financial analysts of the companies. The study concludes that capital structure decisions are being properly practiced while dividend policy is a major concern in most of the organizations. It is also concluded that there is a significant and positive relationship between capital structure decision, dividend policy and organization performance.

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File URL: http://mpra.ub.uni-muenchen.de/40658/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 40658.

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Date of creation: 2010
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Publication status: Published in African Journal of Business Management 27.5(2011): pp. 11060-11067
Handle: RePEc:pra:mprapa:40658

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Keywords: Capital Structure Decisions; Dividend Policy; Organization Performance Corporate Sector; Finance Executives and Analysts;

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References

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Cited by:
  1. Hunjra, Ahmed Imran & Iqbal, Jamshed & Batool, Irem & Niazi, Ghulam Shabbir Khan, 2011. "Determinants of financial management practices: a conceptual study," MPRA Paper 40679, University Library of Munich, Germany.

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