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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Main Author: Jusoh @ Abd Ghani, Ain Liyana
Format: Student Project
Language:English
Published: 2018
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Online Access:https://ir.uitm.edu.my/id/eprint/75390/1/75390.pdf
https://ir.uitm.edu.my/id/eprint/75390/
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spelling 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)
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 HG Finance
Financial management. Business finance. Corporation finance
Dividends. Stock dividends. Dividend reinvestment
spellingShingle 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
description 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.
format Student Project
author Jusoh @ Abd Ghani, Ain Liyana
author_facet Jusoh @ Abd Ghani, Ain Liyana
author_sort Jusoh @ Abd Ghani, Ain Liyana
title 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
title_fullStr Effect of dividend policy on shareholders’ wealth: the case of local commercial bank in Malaysia / Ain Liyana Jusoh @ Abd Ghani
title_full_unstemmed Effect of dividend policy on shareholders’ wealth: the case of local commercial bank in Malaysia / Ain Liyana Jusoh @ Abd Ghani
title_sort effect of dividend policy on shareholders’ wealth: the case of local commercial bank in malaysia / ain liyana jusoh @ abd ghani
publishDate 2018
url https://ir.uitm.edu.my/id/eprint/75390/1/75390.pdf
https://ir.uitm.edu.my/id/eprint/75390/
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score 13.211869