A study on performance of listed commercial banks: relationship between stock return of Banks and Base Lending Rate (BLR) / Mohd Hafizul Ridzuan Abdul

The study explores the sensitivity of monthly stock return for commercial banks with the volatility of Base Lending Rate (BLR) which also in monthly basis. The study covers of six years observation from January 1999 to December 2004. The data collect from Bank Negara Malaysia (BNM) and Bursa Malaysi...

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Main Author:	Abdul, Mohd Hafizul Ridzuan
Format:	Thesis
Language:	English
Published:	2005
Subjects:	Banking
Online Access:	https://ir.uitm.edu.my/id/eprint/66043/1/66043.pdf
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id	my-uitm-ir.66043
record_format	uketd_dc
spelling	my-uitm-ir.660432022-12-15T03:21:30Z A study on performance of listed commercial banks: relationship between stock return of Banks and Base Lending Rate (BLR) / Mohd Hafizul Ridzuan Abdul 2005-11 Abdul, Mohd Hafizul Ridzuan Banking Bank stocks. Banking as an investment Investment, capital formation, speculation Stock exchanges. Insider trading in securities The study explores the sensitivity of monthly stock return for commercial banks with the volatility of Base Lending Rate (BLR) which also in monthly basis. The study covers of six years observation from January 1999 to December 2004. The data collect from Bank Negara Malaysia (BNM) and Bursa Malaysia (BM). A simple regression model is applied in this study. Results indicate that commercial bank's stock return is sensitive to BLR mainly to the Hong Leong Bank Bhd relative to other four commercial banks which are Affin Bank Bhd., Malayan Banking Bhd., RHB Bank Bhd and Southern Bank Bhd. Results in this study also indicate the direction (positive or negative) of relationship between stock return of commercial banks and BLR. The sensitivity is however unstable over time. The results are support by other researchers Bohl, Siklos and Werner (2004) which said, no causal linkage between stock return of commercial banks with BLR and according to Drakos (2000) and Elyasiani (2004) said there is causal linkage between stock return of commercial banks with BLR. 2005-11 Thesis https://ir.uitm.edu.my/id/eprint/66043/ https://ir.uitm.edu.my/id/eprint/66043/1/66043.pdf text en public degree Universiti Teknologi MARA, Kelantan Faculty of Business and Management Usman@Othman, Zaihan
institution	Universiti Teknologi MARA
collection	UiTM Institutional Repository
language	English
advisor	Usman@Othman, Zaihan
topic	Banking Banking Banking Banking
spellingShingle	Banking Banking Banking Banking Abdul, Mohd Hafizul Ridzuan A study on performance of listed commercial banks: relationship between stock return of Banks and Base Lending Rate (BLR) / Mohd Hafizul Ridzuan Abdul
description	The study explores the sensitivity of monthly stock return for commercial banks with the volatility of Base Lending Rate (BLR) which also in monthly basis. The study covers of six years observation from January 1999 to December 2004. The data collect from Bank Negara Malaysia (BNM) and Bursa Malaysia (BM). A simple regression model is applied in this study. Results indicate that commercial bank's stock return is sensitive to BLR mainly to the Hong Leong Bank Bhd relative to other four commercial banks which are Affin Bank Bhd., Malayan Banking Bhd., RHB Bank Bhd and Southern Bank Bhd. Results in this study also indicate the direction (positive or negative) of relationship between stock return of commercial banks and BLR. The sensitivity is however unstable over time. The results are support by other researchers Bohl, Siklos and Werner (2004) which said, no causal linkage between stock return of commercial banks with BLR and according to Drakos (2000) and Elyasiani (2004) said there is causal linkage between stock return of commercial banks with BLR.
format	Thesis
qualification_level	Bachelor degree
author	Abdul, Mohd Hafizul Ridzuan
author_facet	Abdul, Mohd Hafizul Ridzuan
author_sort	Abdul, Mohd Hafizul Ridzuan
title	A study on performance of listed commercial banks: relationship between stock return of Banks and Base Lending Rate (BLR) / Mohd Hafizul Ridzuan Abdul
title_short	A study on performance of listed commercial banks: relationship between stock return of Banks and Base Lending Rate (BLR) / Mohd Hafizul Ridzuan Abdul
title_full	A study on performance of listed commercial banks: relationship between stock return of Banks and Base Lending Rate (BLR) / Mohd Hafizul Ridzuan Abdul
title_fullStr	A study on performance of listed commercial banks: relationship between stock return of Banks and Base Lending Rate (BLR) / Mohd Hafizul Ridzuan Abdul
title_full_unstemmed	A study on performance of listed commercial banks: relationship between stock return of Banks and Base Lending Rate (BLR) / Mohd Hafizul Ridzuan Abdul
title_sort	study on performance of listed commercial banks: relationship between stock return of banks and base lending rate (blr) / mohd hafizul ridzuan abdul
granting_institution	Universiti Teknologi MARA, Kelantan
granting_department	Faculty of Business and Management
publishDate	2005
url	https://ir.uitm.edu.my/id/eprint/66043/1/66043.pdf
_version_	1783735598682472448

A study on performance of listed commercial banks: relationship between stock return of Banks and Base Lending Rate (BLR) / Mohd Hafizul Ridzuan Abdul

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