Irfan, Chaudhary Mohammad - In: The Pakistan development review : PDR 41 (2002) 4: Papers and proceedings, pp. 517-533
This paper identifies the joint effect that multiple factors exert on share prices in Karachi Stock Exchange (KSE … observed are payout ratio, size, leverage and dividend yield. Together, these four factors explain one-fourth variation in …-1990) and the post-reform period (1991-2000). In the pre-reform period, three factors, i.e., payout ratio, size and dividend …
