Browsing by Author "Susant Basnet"

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    DIVIDEND PRACTICES OF NEPALESE COMMERCIAL BANKS
    (Shanker Dev Campus, 2024) Susant Basnet; Dr. Dhan Raj Chalise
    This study attempts to explain the impact of different variables like net worth par value, liquidity, leverage and previous year dividend on dividend policies of Nepalese Commercial Banks. The study of previous year dividend and its effect on current year dividend has distinct this research from previously conducted international and Nepalese studies. This paper investigates these implications taking the reference of eight commercial banks listed in NEPSE. Data from eight different commercial banks Citizens bank , Sunrise bank, Machhapuchhre bank, Sanima bank, Siddhartha bank, NMB bank, Global IME bank and Nabil bank has been studied and analyzed. Ten years data has been taken for reference. This study has used descriptive statistics, regression and correlation analysis as a statistical tool for analysis of secondary data. This study shows a predominant influence of different independent variables and minimal impact of other variables on current year dividend payout determination and its effect on market price. Previous year dividend, Net worth par value, Liquidity, Leverage and Market price per share has been closely studied and compared. This analysis has created a significant impact on achieving tremendous results. The existing dividend policies and practices have been closely observed with the reference taken from different Nepalese commercial banks. This has also studied the impact of dividend policies on Market price per share of the commercial banks. A multiple regression model and correlation analysis has been applied for analyzing the data. The researcher has been able to draw the conclusion that these factors dividend payout ratio, net worth par value, liquidity, leverage and previous year dividend are statistically significant determinants of the commercial banks. This study shows that leverage and previous year dividend have positive impact on current year dividend payout determination.