A study on risk and return of Malaysian firms : how do they affect dividends?
This study focuses on determining how risk and return of Malaysian public listed firms affect the dividend payments. Specifically, this study is aimed to investigate the actual relationship between risk and return as well as profitability and firm size of Malaysian firm and dividends. The sample...
| Main Author: | |
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| Format: | Final Year Project Report / IMRAD |
| Language: | English |
| Published: |
Faculty of Economics and Business.
2012
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| Online Access: | http://ir.unimas.my/id/eprint/4603/ http://ir.unimas.my/id/eprint/4603/11/Kelly%20Anak%20Usit%20%28fulltext%29.pdf |
| _version_ | 1848835466139271168 |
|---|---|
| author | Kelly, Anak Usit |
| author_facet | Kelly, Anak Usit |
| author_sort | Kelly, Anak Usit |
| building | UNIMAS Institutional Repository |
| collection | Online Access |
| description | This study focuses on determining how risk and return of Malaysian public
listed firms affect the dividend payments. Specifically, this study is aimed to
investigate the actual relationship between risk and return as well as profitability and
firm size of Malaysian firm and dividends. The sample data were collected from a
total of 248 companies which listed in Bursa Malaysia. On the other hand, the test of
study is conducted from a period January 2006 to December 2010 and used average
stock returns, beta coefficient of each firma as a proxy of risk, profitability and firm
size. Six hypothesized relationship were tested. Descriptive statistics, correlation
matrix and panel regression tests were utilized to test the hypotheses. The results
obtained were appealing as risk and stock return in Malaysia in line with CAPM
Theory. The risk and returns as well as firm size of the firms have a negative
relationship with dividend payment contradicts with the results between profitability
and dividends where exists a positive relationship. This study may be practical for
directors and managers to comprehend the scope of dividend payments based on
firm’s characteristics towards a better dividend policy. This study enhances the
knowledge and understanding in this area to both academicians and practitioners. |
| first_indexed | 2025-11-15T06:08:19Z |
| format | Final Year Project Report / IMRAD |
| id | unimas-4603 |
| institution | Universiti Malaysia Sarawak |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T06:08:19Z |
| publishDate | 2012 |
| publisher | Faculty of Economics and Business. |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | unimas-46032023-08-11T03:17:31Z http://ir.unimas.my/id/eprint/4603/ A study on risk and return of Malaysian firms : how do they affect dividends? Kelly, Anak Usit HB Economic Theory HJ Public Finance This study focuses on determining how risk and return of Malaysian public listed firms affect the dividend payments. Specifically, this study is aimed to investigate the actual relationship between risk and return as well as profitability and firm size of Malaysian firm and dividends. The sample data were collected from a total of 248 companies which listed in Bursa Malaysia. On the other hand, the test of study is conducted from a period January 2006 to December 2010 and used average stock returns, beta coefficient of each firma as a proxy of risk, profitability and firm size. Six hypothesized relationship were tested. Descriptive statistics, correlation matrix and panel regression tests were utilized to test the hypotheses. The results obtained were appealing as risk and stock return in Malaysia in line with CAPM Theory. The risk and returns as well as firm size of the firms have a negative relationship with dividend payment contradicts with the results between profitability and dividends where exists a positive relationship. This study may be practical for directors and managers to comprehend the scope of dividend payments based on firm’s characteristics towards a better dividend policy. This study enhances the knowledge and understanding in this area to both academicians and practitioners. Faculty of Economics and Business. 2012 Final Year Project Report / IMRAD NonPeerReviewed text en http://ir.unimas.my/id/eprint/4603/11/Kelly%20Anak%20Usit%20%28fulltext%29.pdf Kelly, Anak Usit (2012) A study on risk and return of Malaysian firms : how do they affect dividends? [Final Year Project Report / IMRAD] |
| spellingShingle | HB Economic Theory HJ Public Finance Kelly, Anak Usit A study on risk and return of Malaysian firms : how do they affect dividends? |
| title | A study on risk and return of Malaysian firms : how do they affect dividends? |
| title_full | A study on risk and return of Malaysian firms : how do they affect dividends? |
| title_fullStr | A study on risk and return of Malaysian firms : how do they affect dividends? |
| title_full_unstemmed | A study on risk and return of Malaysian firms : how do they affect dividends? |
| title_short | A study on risk and return of Malaysian firms : how do they affect dividends? |
| title_sort | study on risk and return of malaysian firms : how do they affect dividends? |
| topic | HB Economic Theory HJ Public Finance |
| url | http://ir.unimas.my/id/eprint/4603/ http://ir.unimas.my/id/eprint/4603/11/Kelly%20Anak%20Usit%20%28fulltext%29.pdf |