Purpose: The available literature on various sectors to examine the impact of earnings on dividend payments, indicates that still, extensive research lacks in the financial sector of Pakistan. The rationale behind paying higher dividends has been observed in emerging countries like Pakistan to maintain a strong financial footing. This study aims to investigate various factors that can influence dividend payouts. Design/Methodology/Approach: ARDL approach has been used to establish a long-term impact of selected variables on dividend payouts. Data of 50 financial listed firms for 2000-2021 has been used to subsume the impact of earnings-related variables on the dividend payouts of the financial companies of Pakistan. Findings: Results indicate that market capitalization, ROA, EPS, and firm size have a significant and positive impact on dividend decisions, while leverage generates a significant inverse impact on dividend declarations. The study also indicates discretionary accruals (a factor in earnings management under IAS) do not impact dividends significantly. ROE has no impact on the volume of dividends due to the specific nature of the firms under study. Implications/Originality/Value: The study demonstrates a conjecture that the financial sector must maintain its dividends not only to retain its old stakeholders but also to recruit new ones.
Social science disciplines have consistently been viewed for granted when contrasted with the physical sciences in the academia of Pakistan. The key objective of this research was to analyze the progress in the Social Science Education in terms of curriculum development, faculty increment and HEC policy Priority through content analysis. The Academic Dependency Theory was used for theoretical underpinnings. The qualitative research paradigm was used for this study. The relevant secondary data was gathered from books, articles, diaries, Bureau of statistics surveys, and other chronicled records of HEC and broken down appropriately. Applicable published and non-published information from 2003 to 2019 was chosen arbitrarily, of which approx. One hundred fifty articles were taken as sample. According to research findings, higher Education in Pakistan was designed without a solid policy and methodology. As a result, social science disciplines faced numerous challenges, including the defenseless instructional program development, a scarcity of skilled labor, dubious research frameworks, and inappropriate research projects.
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