Cover Image

Dividend Policy and Share Price Volatility: Malaysia Evidence

The purpose of this study is to examine the relation between dividend policy and share price volatility on firms listed on the Bursa Malaysia Main Board. This study covers a period from 2001 until 2010 with 841 firms included overall sectors in Malaysia. The objectives of this are firstly to explore...

Full description

Saved in:
Bibliographic Details
Main Author: Nor Anis, Shafai
Format: Thesis
Language:English
English
Published: 2012
Subjects:
HG Finance
Online Access:http://etd.uum.edu.my/3144/1/NOR_ANIS_SHAFAI.pdf
http://etd.uum.edu.my/3144/3/NOR_ANIS_SHAFAI.pdf
http://etd.uum.edu.my/3144/
Tags: Add Tag
No Tags, Be the first to tag this record!
id my.uum.etd.3144
record_format eprints
spelling my.uum.etd.31442016-04-20T04:14:22Z http://etd.uum.edu.my/3144/ Dividend Policy and Share Price Volatility: Malaysia Evidence Nor Anis, Shafai HG Finance The purpose of this study is to examine the relation between dividend policy and share price volatility on firms listed on the Bursa Malaysia Main Board. This study covers a period from 2001 until 2010 with 841 firms included overall sectors in Malaysia. The objectives of this are firstly to explore the dividend trends for the large sample of Malaysian companies that traded on Bursa Malaysia; secondly to examine the relation between dividend policy and share price changes in the Malaysia stock market and the third objective is to identify the influence of dividend payout, dividend yield, size, earning volatility, long-term debt and growth in assets on share price changes in the long run. All the results are tested at 0.05 significant levels. To achieve the objectives, multivariate regression is used to test the hypothesis. From the analysis, the result suggest that dividend yield, dividend payout, size, earning volatility, long-term debt on all firms sample have significant impact on the dividend policy and share price volatility which the findings are consistent with the earlier researcher such Baskin (1989) and Al-Malkawi (2007). On the other hand, growth in asset is insignificant with the share price volatility. 2012-01 Thesis NonPeerReviewed text en http://etd.uum.edu.my/3144/1/NOR_ANIS_SHAFAI.pdf text en http://etd.uum.edu.my/3144/3/NOR_ANIS_SHAFAI.pdf Nor Anis, Shafai (2012) Dividend Policy and Share Price Volatility: Malaysia Evidence. Masters thesis, Universiti Utara Malaysia.
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Electronic Theses
url_provider http://etd.uum.edu.my/
language English
English
topic HG Finance
spellingShingle HG Finance
Nor Anis, Shafai
Dividend Policy and Share Price Volatility: Malaysia Evidence
description The purpose of this study is to examine the relation between dividend policy and share price volatility on firms listed on the Bursa Malaysia Main Board. This study covers a period from 2001 until 2010 with 841 firms included overall sectors in Malaysia. The objectives of this are firstly to explore the dividend trends for the large sample of Malaysian companies that traded on Bursa Malaysia; secondly to examine the relation between dividend policy and share price changes in the Malaysia stock market and the third objective is to identify the influence of dividend payout, dividend yield, size, earning volatility, long-term debt and growth in assets on share price changes in the long run. All the results are tested at 0.05 significant levels. To achieve the objectives, multivariate regression is used to test the hypothesis. From the analysis, the result suggest that dividend yield, dividend payout, size, earning volatility, long-term debt on all firms sample have significant impact on the dividend policy and share price volatility which the findings are consistent with the earlier researcher such Baskin (1989) and Al-Malkawi (2007). On the other hand, growth in asset is insignificant with the share price volatility.
format Thesis
author Nor Anis, Shafai
author_facet Nor Anis, Shafai
author_sort Nor Anis, Shafai
title Dividend Policy and Share Price Volatility: Malaysia Evidence
title_short Dividend Policy and Share Price Volatility: Malaysia Evidence
title_full Dividend Policy and Share Price Volatility: Malaysia Evidence
title_fullStr Dividend Policy and Share Price Volatility: Malaysia Evidence
title_full_unstemmed Dividend Policy and Share Price Volatility: Malaysia Evidence
title_sort dividend policy and share price volatility: malaysia evidence
publishDate 2012
url http://etd.uum.edu.my/3144/1/NOR_ANIS_SHAFAI.pdf
http://etd.uum.edu.my/3144/3/NOR_ANIS_SHAFAI.pdf
http://etd.uum.edu.my/3144/
_version_ 1644276888014684160
score 13.211869

Similar Items