alexa The Study to Check the Applicability of Arnott and Asne
ISSN: 2168-9458

Journal of Stock & Forex Trading
Open Access

OMICS International organises 3000+ Global Conferenceseries Events every year across USA, Europe & Asia with support from 1000 more scientific Societies and Publishes 700+ Open Access Journals which contains over 50000 eminent personalities, reputed scientists as editorial board members.

Open Access Journals gaining more Readers and Citations

700 Journals and 15,000,000 Readers Each Journal is getting 25,000+ Readers

This Readership is 10 times more when compared to other Subscription Journals (Source: Google Analytics)

Research Article

The Study to Check the Applicability of Arnott and Asness Model on KSE 100 Index from 2005-2015

Abeeha Zehra*, Fida Altajjari, Saad Waqar, Sabika Shahid and Sanaullah Munir

Department of Management Sciences, Shaheed Zulfikar Ali Bhutto Institute of Science and Technology, Pakistan

*Corresponding Author:
Abeeha Zehra
Department of Management Sciences
Shaheed Zulfikar Ali Bhutto Institute of Science and Technology, Pakistan
Tel:+92 21 111 922 478
E-mail: [email protected]

Received Date: April 27, 2016; Accepted Date: May 5, 2016; Published Date: May 17, 2016

Citation: Zehra A, Altajjari F, Waqar S, Shahid S, Munir S (2016) The Study to Check the Applicability of Arnott and Asness Model on KSE 100 Index from 2005-2015. J Stock Forex Trad 5:172. doi:10.4172/2168-9458.1000172

Copyright: © 2016 Zehra A, et al. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.



The purpose of this research is to find out the impact of dividend payments on the earnings of companies listed on Pakistan Stock Exchange. The sample includes firm listed on the Karachi Stock Exchange 100 index for a time period of 2005-2015. The model was applied where they refuted the conventional theory that said dividend payments do not affect future earnings of the company, on the aggregate U.S. Market (S&P 500). Our variables include size, return of asset, payout ratio, leverage taken by the company, earnings over price, past earnings growth, exchange rate and annual growth. This study holds importance in respect to finding out whether our results will vary after applying the model studied in the developed economy or it holds same results in the developing economies. One important insight that we aim to find out is whether companies, in order to maximize shareholder’s wealth, should pay dividend or retain it back for further reinvestments.


Share This Page

Additional Info

Loading Please wait..
Peer Reviewed Journals
Make the best use of Scientific Research and information from our 700 + peer reviewed, Open Access Journals
International Conferences 2017-18
Meet Inspiring Speakers and Experts at our 3000+ Global Annual Meetings

Contact Us

Agri, Food, Aqua and Veterinary Science Journals

Dr. Krish

[email protected]

1-702-714-7001 Extn: 9040

Clinical and Biochemistry Journals

Datta A

[email protected]

1-702-714-7001Extn: 9037

Business & Management Journals


[email protected]

1-702-714-7001Extn: 9042

Chemical Engineering and Chemistry Journals

Gabriel Shaw

[email protected]

1-702-714-7001 Extn: 9040

Earth & Environmental Sciences

Katie Wilson

[email protected]

1-702-714-7001Extn: 9042

Engineering Journals

James Franklin

[email protected]

1-702-714-7001Extn: 9042

General Science and Health care Journals

Andrea Jason

[email protected]

1-702-714-7001Extn: 9043

Genetics and Molecular Biology Journals

Anna Melissa

[email protected]

1-702-714-7001 Extn: 9006

Immunology & Microbiology Journals

David Gorantl

[email protected]

1-702-714-7001Extn: 9014

Informatics Journals

Stephanie Skinner

[email protected]

1-702-714-7001Extn: 9039

Material Sciences Journals

Rachle Green

[email protected]

1-702-714-7001Extn: 9039

Mathematics and Physics Journals

Jim Willison

[email protected]

1-702-714-7001 Extn: 9042

Medical Journals

Nimmi Anna

[email protected]

1-702-714-7001 Extn: 9038

Neuroscience & Psychology Journals

Nathan T

[email protected]

1-702-714-7001Extn: 9041

Pharmaceutical Sciences Journals

John Behannon

[email protected]

1-702-714-7001Extn: 9007

Social & Political Science Journals

Steve Harry

[email protected]

1-702-714-7001 Extn: 9042

© 2008-2017 OMICS International - Open Access Publisher. Best viewed in Mozilla Firefox | Google Chrome | Above IE 7.0 version