Perveen, Farzana; Aksar, Muhammad; Ul Haq, Ayaz; … - In: International journal of management, economics and … 9 (2020) 1, pp. 24-36
Dividend is an unresolved puzzle in corporate finance and present study attempted to resolve this puzzle by testing the … impact of industry, firm, and firm year on dividend policy. The study applied the variance decomposition technique in order … to investigate the variance in dividend payout ratios at firm year, firm, and industry level. Study used conveniently …