Abstract:
The research paper brings in account a thorough analysis of literature available to draw relation between the variables and determinants such as dividend policy, stock price volatility and stock price, GDP, and size of shariah/non-shariah compliant companies. Corporate dividend policy is an essential topic for both shareholders and company management since sudden changes in stock prices signal the stock's riskiness. The primary goal of this research is to assess the effects of dividends policies on the volatility of financial sector stock prices of shariah and non-shariah compliant companies