Impact of quarter report announcement on stock price: evidence from Malaysia stock market / Syamsyul Samsudin ... [et al.]

This research investigates the impact of Quarter Report Announcement towards stock price. Some investors believe that by referring to the quarterly announced dividend, they can predict the company performance and the stock price movement. However, does it necessarily true that an increase in the qua...

Full description

Saved in:
Bibliographic Details
Main Authors: Samsudin, Syamsyul, Mustafa, Nik Nur Shafika, Hamzah, Nor Haliza, Mahmood, Che Khalilah
Format: Article
Language:English
Published: Universiti Teknologi MARA, Shah Alam: Malaysian Academy of SME and Entrepreneurship Development (MASMED) 2019
Subjects:
Online Access:http://ir.uitm.edu.my/id/eprint/43738/1/43738.pdf
http://ir.uitm.edu.my/id/eprint/43738/
Tags: Add Tag
No Tags, Be the first to tag this record!
id my.uitm.ir.43738
record_format eprints
spelling my.uitm.ir.437382021-03-19T03:05:07Z http://ir.uitm.edu.my/id/eprint/43738/ Impact of quarter report announcement on stock price: evidence from Malaysia stock market / Syamsyul Samsudin ... [et al.] Samsudin, Syamsyul Mustafa, Nik Nur Shafika Hamzah, Nor Haliza Mahmood, Che Khalilah Stock price indexes. Stock quotations This research investigates the impact of Quarter Report Announcement towards stock price. Some investors believe that by referring to the quarterly announced dividend, they can predict the company performance and the stock price movement. However, does it necessarily true that an increase in the quarterly dividend announcement will cause the stock price to increase? Therefore, the researcher aims to answer this question by using variables such as revenues, profit before tax, met income, net intangible assets, earning per share and dividend as dependent variables. The data of public listed companies is collected from the Kuala Lumpur Stock exchange (KLSE). The study focuses on top ten gain companies in Malaysia based on their market capitalization. By applying the Panel Ordinary Least Square (POLS) based on 2013 until first quarter of 2018. The findings showed that all variables are significant and will give impact towards stock price while revenue is insignificant. It is because investors tend to believe that a company with high earning is stable and can earn more profit in future. The investors can look into the elements of Quarter Report Announcement before making investment decisions. Universiti Teknologi MARA, Shah Alam: Malaysian Academy of SME and Entrepreneurship Development (MASMED) 2019 Article PeerReviewed text en http://ir.uitm.edu.my/id/eprint/43738/1/43738.pdf Samsudin, Syamsyul and Mustafa, Nik Nur Shafika and Hamzah, Nor Haliza and Mahmood, Che Khalilah (2019) Impact of quarter report announcement on stock price: evidence from Malaysia stock market / Syamsyul Samsudin ... [et al.]. ASEAN Entrepreneurship Journal (AEJ), 5 (1). pp. 51-63. ISSN 2637-0301
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic Stock price indexes. Stock quotations
spellingShingle Stock price indexes. Stock quotations
Samsudin, Syamsyul
Mustafa, Nik Nur Shafika
Hamzah, Nor Haliza
Mahmood, Che Khalilah
Impact of quarter report announcement on stock price: evidence from Malaysia stock market / Syamsyul Samsudin ... [et al.]
description This research investigates the impact of Quarter Report Announcement towards stock price. Some investors believe that by referring to the quarterly announced dividend, they can predict the company performance and the stock price movement. However, does it necessarily true that an increase in the quarterly dividend announcement will cause the stock price to increase? Therefore, the researcher aims to answer this question by using variables such as revenues, profit before tax, met income, net intangible assets, earning per share and dividend as dependent variables. The data of public listed companies is collected from the Kuala Lumpur Stock exchange (KLSE). The study focuses on top ten gain companies in Malaysia based on their market capitalization. By applying the Panel Ordinary Least Square (POLS) based on 2013 until first quarter of 2018. The findings showed that all variables are significant and will give impact towards stock price while revenue is insignificant. It is because investors tend to believe that a company with high earning is stable and can earn more profit in future. The investors can look into the elements of Quarter Report Announcement before making investment decisions.
format Article
author Samsudin, Syamsyul
Mustafa, Nik Nur Shafika
Hamzah, Nor Haliza
Mahmood, Che Khalilah
author_facet Samsudin, Syamsyul
Mustafa, Nik Nur Shafika
Hamzah, Nor Haliza
Mahmood, Che Khalilah
author_sort Samsudin, Syamsyul
title Impact of quarter report announcement on stock price: evidence from Malaysia stock market / Syamsyul Samsudin ... [et al.]
title_short Impact of quarter report announcement on stock price: evidence from Malaysia stock market / Syamsyul Samsudin ... [et al.]
title_full Impact of quarter report announcement on stock price: evidence from Malaysia stock market / Syamsyul Samsudin ... [et al.]
title_fullStr Impact of quarter report announcement on stock price: evidence from Malaysia stock market / Syamsyul Samsudin ... [et al.]
title_full_unstemmed Impact of quarter report announcement on stock price: evidence from Malaysia stock market / Syamsyul Samsudin ... [et al.]
title_sort impact of quarter report announcement on stock price: evidence from malaysia stock market / syamsyul samsudin ... [et al.]
publisher Universiti Teknologi MARA, Shah Alam: Malaysian Academy of SME and Entrepreneurship Development (MASMED)
publishDate 2019
url http://ir.uitm.edu.my/id/eprint/43738/1/43738.pdf
http://ir.uitm.edu.my/id/eprint/43738/
_version_ 1695534704854302720
score 13.211869