Dividend Announcements and Stock Market Reaction : further evidence
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 nega...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Malaysian Finance Association
2010
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| Subjects: | |
| Online Access: | http://ir.unimas.my/id/eprint/3074/ http://ir.unimas.my/id/eprint/3074/1/Dividend%20Announcements%20-%20Copy.pdf |
| _version_ | 1848835137678082048 |
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| author | Mohamad, Jais Bakri, Abdul Karim Kenta, Funaoka Azlan, Zainol Abidin |
| author_facet | Mohamad, Jais Bakri, Abdul Karim Kenta, Funaoka Azlan, Zainol Abidin |
| author_sort | Mohamad, Jais |
| building | UNIMAS Institutional Repository |
| collection | Online Access |
| description | 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. |
| first_indexed | 2025-11-15T06:03:06Z |
| format | Article |
| id | unimas-3074 |
| institution | Universiti Malaysia Sarawak |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T06:03:06Z |
| publishDate | 2010 |
| publisher | Malaysian Finance Association |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | unimas-30742023-03-07T01:52:16Z http://ir.unimas.my/id/eprint/3074/ Dividend Announcements and Stock Market Reaction : further evidence Mohamad, Jais Bakri, Abdul Karim Kenta, Funaoka Azlan, Zainol Abidin AC Collections. Series. Collected works H Social Sciences (General) HB Economic Theory 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. Malaysian Finance Association 2010-12-26 Article PeerReviewed text en http://ir.unimas.my/id/eprint/3074/1/Dividend%20Announcements%20-%20Copy.pdf 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 https://www.mfa.com.my/cmr/ |
| spellingShingle | AC Collections. Series. Collected works H Social Sciences (General) HB Economic Theory Mohamad, Jais Bakri, Abdul Karim Kenta, Funaoka Azlan, Zainol Abidin Dividend Announcements and Stock Market Reaction : further evidence |
| title | Dividend Announcements and Stock Market Reaction : further evidence |
| title_full | Dividend Announcements and Stock Market Reaction : further evidence |
| title_fullStr | Dividend Announcements and Stock Market Reaction : further evidence |
| title_full_unstemmed | Dividend Announcements and Stock Market Reaction : further evidence |
| title_short | Dividend Announcements and Stock Market Reaction : further evidence |
| title_sort | dividend announcements and stock market reaction : further evidence |
| topic | AC Collections. Series. Collected works H Social Sciences (General) HB Economic Theory |
| url | http://ir.unimas.my/id/eprint/3074/ http://ir.unimas.my/id/eprint/3074/ http://ir.unimas.my/id/eprint/3074/1/Dividend%20Announcements%20-%20Copy.pdf |