The impact of dividend policy on stock price volatility evidence from: Malaysia shariah compliant securities / Nur Afifah Yazid

This research paper generally aims to examine the impact of dividend policy on stock price volatility in Malaysian Shariah-compliant securities. The impact of dividend policy on stock price volatility represents by dividend yield and dividend pay-out ratio while firm's growth, size, debt and ea...

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Main Author:	Yazid, Nur Afifah
Format:	Thesis
Language:	English
Published:	2018
Subjects:	Dividends Stock dividends Dividend reinvestment Malaysia
Online Access:	https://ir.uitm.edu.my/id/eprint/62022/1/62022.pdf
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id	my-uitm-ir.62022
record_format	uketd_dc
spelling	my-uitm-ir.620222022-07-19T23:56:40Z The impact of dividend policy on stock price volatility evidence from: Malaysia shariah compliant securities / Nur Afifah Yazid 2018 Yazid, Nur Afifah Dividends. Stock dividends. Dividend reinvestment Malaysia Stock price indexes. Stock quotations This research paper generally aims to examine the impact of dividend policy on stock price volatility in Malaysian Shariah-compliant securities. The impact of dividend policy on stock price volatility represents by dividend yield and dividend pay-out ratio while firm's growth, size, debt and earnings volatility will serve as control variables in this study. Furthermore, this study employed secondary data that will be collected from Thomson Reuters Data Stream. A sample of 794 Shariah- compliant companies that was listed on Bursa Malaysia will be used as sample size from year 2008 until 2010. This study used panel data since it's comprised of time series and cross-sectional data. To analyse the data, multiple regression model and E-views will be used in this study. This research study finds that dividend policy has negative and significant impact on stock price volatility. This suggest that an increase in dividend policy especially dividend pay-out ratio will reduce stock price volatility. Meanwhile, control variables such as firm's size and leverage has influences on stock price volatility while earnings volatility and firm's growth signal insignificant relationship towards stock price volatility. In summary, management and policy maker should increase their dividend payment to reduce price volatility. 2018 Thesis https://ir.uitm.edu.my/id/eprint/62022/ https://ir.uitm.edu.my/id/eprint/62022/1/62022.pdf text en public degree UiTM Cawangan Johor Faculty of Business Management Ismail, Dr. Norashikin
institution	Universiti Teknologi MARA
collection	UiTM Institutional Repository
language	English
advisor	Ismail, Dr. Norashikin
topic	Dividends Stock dividends Dividend reinvestment Malaysia Dividends Stock dividends Dividend reinvestment
spellingShingle	Dividends Stock dividends Dividend reinvestment Malaysia Dividends Stock dividends Dividend reinvestment Yazid, Nur Afifah The impact of dividend policy on stock price volatility evidence from: Malaysia shariah compliant securities / Nur Afifah Yazid
description	This research paper generally aims to examine the impact of dividend policy on stock price volatility in Malaysian Shariah-compliant securities. The impact of dividend policy on stock price volatility represents by dividend yield and dividend pay-out ratio while firm's growth, size, debt and earnings volatility will serve as control variables in this study. Furthermore, this study employed secondary data that will be collected from Thomson Reuters Data Stream. A sample of 794 Shariah- compliant companies that was listed on Bursa Malaysia will be used as sample size from year 2008 until 2010. This study used panel data since it's comprised of time series and cross-sectional data. To analyse the data, multiple regression model and E-views will be used in this study. This research study finds that dividend policy has negative and significant impact on stock price volatility. This suggest that an increase in dividend policy especially dividend pay-out ratio will reduce stock price volatility. Meanwhile, control variables such as firm's size and leverage has influences on stock price volatility while earnings volatility and firm's growth signal insignificant relationship towards stock price volatility. In summary, management and policy maker should increase their dividend payment to reduce price volatility.
format	Thesis
qualification_level	Bachelor degree
author	Yazid, Nur Afifah
author_facet	Yazid, Nur Afifah
author_sort	Yazid, Nur Afifah
title	The impact of dividend policy on stock price volatility evidence from: Malaysia shariah compliant securities / Nur Afifah Yazid
title_short	The impact of dividend policy on stock price volatility evidence from: Malaysia shariah compliant securities / Nur Afifah Yazid
title_full	The impact of dividend policy on stock price volatility evidence from: Malaysia shariah compliant securities / Nur Afifah Yazid
title_fullStr	The impact of dividend policy on stock price volatility evidence from: Malaysia shariah compliant securities / Nur Afifah Yazid
title_full_unstemmed	The impact of dividend policy on stock price volatility evidence from: Malaysia shariah compliant securities / Nur Afifah Yazid
title_sort	impact of dividend policy on stock price volatility evidence from: malaysia shariah compliant securities / nur afifah yazid
granting_institution	UiTM Cawangan Johor
granting_department	Faculty of Business Management
publishDate	2018
url	https://ir.uitm.edu.my/id/eprint/62022/1/62022.pdf
_version_	1783735243839111168

The impact of dividend policy on stock price volatility evidence from: Malaysia shariah compliant securities / Nur Afifah Yazid

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