Mohamad, Jais and Bakri, Abdul Karim and Kenta, Funaoka and Azlan, Zainol Abidin (2010) Dividend Announcements and Stock Market Reaction : further evidence. Capital Markets Review, 18 (1 & 2). pp. 63-75. ISSN 1823-4445
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Abstract
This paper examines the effect of dividend Announcements on stock market reaction in Kuala Lumpur Stock Exchange. Using an event study approach, the evidence shows that dividend increase announcements are greeted positively by investors, while there are some evidences suggesting investors react negatively prior to dividend decrease announcements. The observations are then separated into the magnitude of dividend change and income change. This paper also separates the observations into government linked companies (GLCs) and non-GLCs.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | Bursa Malaysia, dividend announcement, market reaction. |
| Subjects: | A General Works > AC Collections. Series. Collected works H Social Sciences > H Social Sciences (General) H Social Sciences > HB Economic Theory |
| Divisions: | Academic Faculties, Institutes and Centres > Faculty of Economics and Business Faculties, Institutes, Centres > Faculty of Economics and Business |
| Depositing User: | Karen Kornalius |
| Date Deposited: | 04 Jun 2014 02:12 |
| Last Modified: | 07 Mar 2023 01:52 |
| URI: | http://ir.unimas.my/id/eprint/3074 |
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