The Dividend and Earnings Behaviour of Firms on the Kuala Lumpur Stock Exchange
The dividend and earnings behaviour of firms in developed economies are well documented. In Malaysia, there is hardly any published evidence on these issues. This study investigates the dividend and earnings behaviour of firms listed on the Kuala Lumpur Stock Exchange (KLSE). The findings suggest...
| Main Authors: | , |
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| Format: | Article |
| Language: | English English |
| Published: |
Universiti Putra Malaysia Press
1993
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| Online Access: | http://psasir.upm.edu.my/id/eprint/2984/ http://psasir.upm.edu.my/id/eprint/2984/1/The_Dividend_and_Earnings_Behaviour_of_Firms_on.pdf |
| _version_ | 1848839400749793280 |
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| author | Md Nassir, Annuar Mohamad, Shamsher |
| author_facet | Md Nassir, Annuar Mohamad, Shamsher |
| author_sort | Md Nassir, Annuar |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | The dividend and earnings behaviour of firms in developed economies are well documented. In Malaysia,
there is hardly any published evidence on these issues. This study investigates the dividend and earnings
behaviour of firms listed on the Kuala Lumpur Stock Exchange (KLSE). The findings suggest that: (i) the
dividend decisions of these firms partially depend on their current earnings and past dividends; (ii) firms have
long-term target dividend which is conditioned upon their earnings ability, and (iii) earnings changes of firms
are random which implies that earnings forecasts by analysts might be of no economic significance. |
| first_indexed | 2025-11-15T07:10:51Z |
| format | Article |
| id | upm-2984 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English English |
| last_indexed | 2025-11-15T07:10:51Z |
| publishDate | 1993 |
| publisher | Universiti Putra Malaysia Press |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-29842013-05-27T07:04:54Z http://psasir.upm.edu.my/id/eprint/2984/ The Dividend and Earnings Behaviour of Firms on the Kuala Lumpur Stock Exchange Md Nassir, Annuar Mohamad, Shamsher The dividend and earnings behaviour of firms in developed economies are well documented. In Malaysia, there is hardly any published evidence on these issues. This study investigates the dividend and earnings behaviour of firms listed on the Kuala Lumpur Stock Exchange (KLSE). The findings suggest that: (i) the dividend decisions of these firms partially depend on their current earnings and past dividends; (ii) firms have long-term target dividend which is conditioned upon their earnings ability, and (iii) earnings changes of firms are random which implies that earnings forecasts by analysts might be of no economic significance. Universiti Putra Malaysia Press 1993 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/2984/1/The_Dividend_and_Earnings_Behaviour_of_Firms_on.pdf Md Nassir, Annuar and Mohamad, Shamsher (1993) The Dividend and Earnings Behaviour of Firms on the Kuala Lumpur Stock Exchange. Pertanika Journal of Social Sciences & Humanities, 1 (2). pp. 171-177. ISSN 0128-7702 English |
| spellingShingle | Md Nassir, Annuar Mohamad, Shamsher The Dividend and Earnings Behaviour of Firms on the Kuala Lumpur Stock Exchange |
| title | The Dividend and Earnings Behaviour of Firms on
the Kuala Lumpur Stock Exchange |
| title_full | The Dividend and Earnings Behaviour of Firms on
the Kuala Lumpur Stock Exchange |
| title_fullStr | The Dividend and Earnings Behaviour of Firms on
the Kuala Lumpur Stock Exchange |
| title_full_unstemmed | The Dividend and Earnings Behaviour of Firms on
the Kuala Lumpur Stock Exchange |
| title_short | The Dividend and Earnings Behaviour of Firms on
the Kuala Lumpur Stock Exchange |
| title_sort | dividend and earnings behaviour of firms on
the kuala lumpur stock exchange |
| url | http://psasir.upm.edu.my/id/eprint/2984/ http://psasir.upm.edu.my/id/eprint/2984/1/The_Dividend_and_Earnings_Behaviour_of_Firms_on.pdf |