Effect of dividend policy on shareholders’ wealth: the case of local commercial bank in Malaysia / Ain Liyana Jusoh @ Abd Ghani
Dividend policy of corporate sector is widely researched topic in finance. This study is to investigate the impact of dividend policy on shareholders’ wealth of commercial bank in Malaysia. Eight commercial banks in Malaysia that listed in Bursa Malaysia have been considered for the study. Sixteen y...
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my.uitm.ir.753902023-03-28T07:25:12Z https://ir.uitm.edu.my/id/eprint/75390/ Effect of dividend policy on shareholders’ wealth: the case of local commercial bank in Malaysia / Ain Liyana Jusoh @ Abd Ghani Jusoh @ Abd Ghani, Ain Liyana HG Finance Financial management. Business finance. Corporation finance Dividends. Stock dividends. Dividend reinvestment Dividend policy of corporate sector is widely researched topic in finance. This study is to investigate the impact of dividend policy on shareholders’ wealth of commercial bank in Malaysia. Eight commercial banks in Malaysia that listed in Bursa Malaysia have been considered for the study. Sixteen years data have been used which is from 2001 until 2017. With the help of previous research, market price per share (MPS) used to measure shareholders’ wealth, and the predictor variables are returned on equity (ROE), dividend per share (DPS), lagged price earnings ratio (LAGPER) and size of firm (SIZE) were used to represent dividend policy. The findings show that dividend per share (DPS) and size of firm (SIZE) show positive significant result with market price per share(MPS). Retuned on equity (ROE) were negatively significant while lagged price earnings ratio (LAGPER) were positively insignificant with market price per share (MPS). As the recommendation, Board of Director in Malaysia should consider important elements in annual reports to designing their dividend policy. 2018-06 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/75390/1/75390.pdf Effect of dividend policy on shareholders’ wealth: the case of local commercial bank in Malaysia / Ain Liyana Jusoh @ Abd Ghani. (2018) [Student Project] (Submitted) |
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HG Finance Financial management. Business finance. Corporation finance Dividends. Stock dividends. Dividend reinvestment Jusoh @ Abd Ghani, Ain Liyana Effect of dividend policy on shareholders’ wealth: the case of local commercial bank in Malaysia / Ain Liyana Jusoh @ Abd Ghani |
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Dividend policy of corporate sector is widely researched topic in finance. This study is to investigate the impact of dividend policy on shareholders’ wealth of commercial bank in Malaysia. Eight commercial banks in Malaysia that listed in Bursa Malaysia have been considered for the study. Sixteen years data have been used which is from 2001 until 2017. With the help of previous research, market price per share (MPS) used to measure shareholders’ wealth, and the predictor variables are returned on equity (ROE), dividend per share (DPS), lagged price earnings ratio (LAGPER) and size of firm (SIZE) were used to represent dividend policy. The findings show that dividend per share (DPS) and size of firm (SIZE) show positive significant result with market price per share(MPS). Retuned on equity (ROE) were negatively significant while lagged price earnings ratio (LAGPER) were positively insignificant with market price per share (MPS). As the recommendation, Board of Director in Malaysia should consider important elements in annual reports to designing their dividend policy. |
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Student Project |
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Jusoh @ Abd Ghani, Ain Liyana |
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Jusoh @ Abd Ghani, Ain Liyana |
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Jusoh @ Abd Ghani, Ain Liyana |
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Effect of dividend policy on shareholders’ wealth: the case of local commercial bank in Malaysia / Ain Liyana Jusoh @ Abd Ghani |
title_short |
Effect of dividend policy on shareholders’ wealth: the case of local commercial bank in Malaysia / Ain Liyana Jusoh @ Abd Ghani |
title_full |
Effect of dividend policy on shareholders’ wealth: the case of local commercial bank in Malaysia / Ain Liyana Jusoh @ Abd Ghani |
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Effect of dividend policy on shareholders’ wealth: the case of local commercial bank in Malaysia / Ain Liyana Jusoh @ Abd Ghani |
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Effect of dividend policy on shareholders’ wealth: the case of local commercial bank in Malaysia / Ain Liyana Jusoh @ Abd Ghani |
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effect of dividend policy on shareholders’ wealth: the case of local commercial bank in malaysia / ain liyana jusoh @ abd ghani |
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2018 |
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https://ir.uitm.edu.my/id/eprint/75390/1/75390.pdf https://ir.uitm.edu.my/id/eprint/75390/ |
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1761622528811335680 |
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13.211869 |