Studies on dividend decisions and limitations

Dividend decision is the one of the most important decision and it play vital role in every organization. Investor of the organization expects return from their past investment as dividend. By the dividend policy it became an effective way to attract new investors. This study is helpful to understand the dividend payment policy of the commercial bank in Nepal. It will helpful to the policy maker, shareholder and management of the selected commercial bank. It will be important for the government policy maker, controller, monitor and supervising department to regulate the commercial Bank in Nepal. This study will help to the further researchers.

Following are the limitations of the study:

• Most of the data are used secondary nature; therefore the reliability of study findings depends on the reliability of the data.
• The analysis of the study covers only five years period inclusion of other fiscal year data may provide different result.
• There are many factors that affect market price of stock. However we consider only dividend related factor.
• The study is conducted only in six commercial banks hence the results may not represent to all the commercial banks.

The study has been organized into five chapters. Chapter 1 deals with subject matter of the study consisting back ground of study, focus of study, statement of the objective of study, significance of the study, limitation of the study and organization of study. Chapter 2 deals with the review of the different literature of the study field. Therefore it includes conceptual frame work along with the review of major books, journal, research work and thesis etc. Chapter 3 deals with research population and sample, source and technique of data collection, data analysis tools and limitation of the methodology. Chapter 4 deals with presentation and analysis of data and information through a define course of research methodology. Chapter 5 deals with summary of study, the conclusion and major finding of the study. The bibliography, annexes are incorporated at the end of the study.