02649nas a2200253 a 450000500170000000800410001703500150005810000200007324500900009326000670018330000220025049000520027250001230032450200670044752014750051465000430198965000250203270000410205770000510209870000420214971000550219181000840224685600650233020260818090404.0170614s2015    th uu|m rtt   0|  a1eng d  a.b121850241 aTahir, Muhammad10aDeterminants of dividend payout :bevidence from the oil and gas industry of Pakistan  aPathum Thani, Thailand :bAsian Institute of Technology,c2015  a34 leaves :bill.1 aResearch studies project report ;vno. SM-15-14  aA research submitted in partial fulfillment of the requirements for  the degree of Master  of  Business Administration  aResearch report (M. BA.) - Asian Institute of Technology, 2015  aThis study aims to investigate the determinants of dividend payout in Oil and Gas  industry  of  Pakistan. Secondary data from published annual reports of eleven (11) Oil and Gas companies  listed on Karachi Stock Exchange (KSE) covering the time period from 2008 - 2014 has been used.  Depe ndent  variable  of  this  study  is  dividend  payout whereas explanatory  variables  include profitability,  firm  size , financial  leverage, sales  growth, investment  opportunities, liquidity,  business risk,  and ownership structure .  Panel data  technique is used due to panel characteristics of  the data.  Ordinary least  square (OLS) reg ression model has been used  to find the  impact of set of  explanatory  variables  on  the dividend payou t using the Stata . OLS regression results  suggest that  financial leverage, sales growth and business risk are the most significant variables of the study.  Financial  leverage  and  business  risk are  found  to  have significant  negative  effect on dividend  payout  while sales  growth has  favorable impact on divid end payout. Other significant variables  include profitability, firm size and government owners hip. Results reveal  significant positive link  of profitability and firm size with dividend payout whereas government ow nership is negatively  associated with  divid end  payout.  Investment  opportunities,  liquidity  and  managerial  ownership  showed insignificant relationship with dividend payout 0aPetroleum industry and tradezPakistan 0aDividendszPakistan 0 aSupasith Chonglerttham,eChairperson0 aJuthathip Jongwanich,eExamination Committee  1 aBadir, Yuosre,eExamination Committee2 aUniversity of Turbat, Pakistan,eScholarship donor2 aAsian Institute of Technology.tResearch studies project report ;vno. SM-15-14  3Full-Textuhttp://203.159.5.9/ait-thesis/detail.php?q=B01659