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

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

MPRA Paper from University Library of Munich, Germany

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.

Keywords: Capital Structure Decisions; Dividend Policy; Organization Performance Corporate Sector; Finance Executives and Analysts (search for similar items in EconPapers)
JEL-codes: D92 (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (2)

Published in African Journal of Business Management 27.5(2011): pp. 11060-11067

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