The impact of dividend policy on shareholder wealth in Malaysian oil and gas industry / Najiha Illyana Kamarudin

This paper aim is to investigate the impact of dividend policy on shareholder wealth in Malaysian oil and gas industry companies. The study consists of yearly data from 2005 until 2017 often public listed oil and gas companies in Malaysia. Oil and gas industry is one of the main industries in the wo...

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Main Author: Kamarudin, Najiha Illyana
Format: Student Project
Language:English
Published: Faculty of Business Management 2018
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/26982/
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author Kamarudin, Najiha Illyana
author_facet Kamarudin, Najiha Illyana
author_sort Kamarudin, Najiha Illyana
building UiTM Institutional Repository
collection Online Access
description This paper aim is to investigate the impact of dividend policy on shareholder wealth in Malaysian oil and gas industry companies. The study consists of yearly data from 2005 until 2017 often public listed oil and gas companies in Malaysia. Oil and gas industry is one of the main industries in the world. Even though there are many oil and gas public listed companies in Malaysia, this study is only focused on ten public listed companies because there is a lack of data sample provided by each company's annual report. The dependent variable is shareholder wealth. It is measured by market price per share. The independent variable is dividend policy and it is measured by dividend payout ratio, dividend per share, earnings per share and retained earnings per share. By using a quantitative method, it shows that two out of four independent variables affect the dependent variables. Multiple regression results show that the dividend per share and earnings per share is a significant relationship with market price per share. While dividend pay-out ratio and retained earnings per share is not a significant relationship with market price per share.
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spelling uitm-269822020-03-02T02:52:14Z https://ir.uitm.edu.my/id/eprint/26982/ The impact of dividend policy on shareholder wealth in Malaysian oil and gas industry / Najiha Illyana Kamarudin Kamarudin, Najiha Illyana Dividends. Stock dividends. Dividend reinvestment This paper aim is to investigate the impact of dividend policy on shareholder wealth in Malaysian oil and gas industry companies. The study consists of yearly data from 2005 until 2017 often public listed oil and gas companies in Malaysia. Oil and gas industry is one of the main industries in the world. Even though there are many oil and gas public listed companies in Malaysia, this study is only focused on ten public listed companies because there is a lack of data sample provided by each company's annual report. The dependent variable is shareholder wealth. It is measured by market price per share. The independent variable is dividend policy and it is measured by dividend payout ratio, dividend per share, earnings per share and retained earnings per share. By using a quantitative method, it shows that two out of four independent variables affect the dependent variables. Multiple regression results show that the dividend per share and earnings per share is a significant relationship with market price per share. While dividend pay-out ratio and retained earnings per share is not a significant relationship with market price per share. Faculty of Business Management 2018 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/26982/2/PPb_NAJIHA%20ILLYANA%20KAMARUDDIN%20BM%20J%2018_5.pdf Kamarudin, Najiha Illyana (2018) The impact of dividend policy on shareholder wealth in Malaysian oil and gas industry / Najiha Illyana Kamarudin. (2018) [Student Project] (Unpublished)
spellingShingle Dividends. Stock dividends. Dividend reinvestment
Kamarudin, Najiha Illyana
The impact of dividend policy on shareholder wealth in Malaysian oil and gas industry / Najiha Illyana Kamarudin
title The impact of dividend policy on shareholder wealth in Malaysian oil and gas industry / Najiha Illyana Kamarudin
title_full The impact of dividend policy on shareholder wealth in Malaysian oil and gas industry / Najiha Illyana Kamarudin
title_fullStr The impact of dividend policy on shareholder wealth in Malaysian oil and gas industry / Najiha Illyana Kamarudin
title_full_unstemmed The impact of dividend policy on shareholder wealth in Malaysian oil and gas industry / Najiha Illyana Kamarudin
title_short The impact of dividend policy on shareholder wealth in Malaysian oil and gas industry / Najiha Illyana Kamarudin
title_sort impact of dividend policy on shareholder wealth in malaysian oil and gas industry / najiha illyana kamarudin
topic Dividends. Stock dividends. Dividend reinvestment
url https://ir.uitm.edu.my/id/eprint/26982/