Abstract
The study examines the importance and relevance of the various trends
of dividend in Pakistan and India. Further, it evaluates and examines
the inter and intra country analysis and the impact of liquidity,
profitability and leverage on dividend payout policy over two
developing countries (i.e. Pakistan and India). The sample is 85
listed companies of Karachi Stock Exchange (Pakistan) and 167 of
National Stock exchange (India) for the period of 2002-2011. First
hypothesis is about Inter country analysis. Second is about Intra
Country analysis. Third is about the positive impact of Liquidity on
Dividend payout. Fourth is about the positive impact of Profitability on
Dividend payout. Fifth is about the negative impact of Leverage on
Dividend payout. It used the Statistical techniques of descriptive
statistics, Kruskal Wallis Test and panel data regression. It found
significant results for all hypotheses. The findings show that the
dividend policy in Pakistan and India as a developing country is
influenced by factors similar to that of other countries.
Sanober Shaheen. (2014) Dividend Match: Pakistan vs India Which Player (Industry) becomes the “Player of the Match”?, Abasyn Journal of Social Sciences, Volume-07, Issue-1.
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