The impact of managerial ownership and dividend policy on firm's performance

Managerial ownership dividend policy and firm performance are the three important factors that are inter-related with each others. This study evaluates the impact of managerial ownership on the firm's performance in the framework of 8 listed firms in Pakistan are selected for examination. Data selected these 8 firms from the period 2009–2012. The data is derived from annual reports of 8 companies. The techniques or model used in this study are correlation, fixed effect model and random effect model. The result determines of managerial ownership is positive and insignificant with the performance in the corporate culture of Pakistan, where main firms are the family oriented. Dividend shows positive and significant result on firm performance. All the variables are positive correlated with each other except GROWTH that is negative correlated.