Impact of Dividend Policy on Stock Price Volatility and Market Value of the Firm - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Impact of Dividend Policy on Stock Price Volatility and Market Value of the Firm write by Deepa Gunaratne. This book was released on 2015. Impact of Dividend Policy on Stock Price Volatility and Market Value of the Firm available in PDF, EPUB and Kindle. The impact resulted from the dividend policy of a firm, on the volatility of the market value of stocks, is the major concern of this study, which is an issue bearing an utmost significance, when considering the objectives of a corporate. The focus of an entity should be aligned, on the maximization of stock holders' wealth and this necessitates the selection of an optimum dividend policy. The present study, thus, attempts to shed a light on the above fact, within the Sri Lankan context. Data was collected from a sample of companies listed under the manufacturing sector of the Colombo Stock Exchange from year 2006 to 2014. The study occupied panel data regression model for analysis. The outcome revealed that, the dividend yield of the current year has a negative impact on the share price volatility, while the dividend payout ratio of both the current and previous years has a positive impact. In addition, the impact of dividend yield is negative on the market value of the firm, where the dividend payout ratio of the current year is also depicts the same impact. The findings of the study reassure the findings of the previous researchers within the Sri Lankan context, in case of the market value of the firm, while being contrary in case of the share price volatility. Accordingly, the firms' ability of utilizing the dividend policy as a mechanism of controlling the volatility of share prices is established. However, it will not be effective in altering the market value of the firm.
Dividend Policy and Stock Price Volatility
Dividend Policy and Stock Price Volatility - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Dividend Policy and Stock Price Volatility write by David E. Allen. This book was released on 1993. Dividend Policy and Stock Price Volatility available in PDF, EPUB and Kindle.
Payout Policy
Payout Policy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Payout Policy write by . This book was released on 2007. Payout Policy available in PDF, EPUB and Kindle. Dividend policy continues to be among the premier unsolved puzzles in finance. A number of theories have been advanced to explain dividend policy. This e-book briefly reviews the principal theories of payout policy and dividend policy and summarizes the empirical evidence on these theories. Empirical evidence is equivocal and the search for new explanation for dividends continues.
Dividend Policy
Dividend Policy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Dividend Policy write by George Frankfurter. This book was released on 2003-06-24. Dividend Policy available in PDF, EPUB and Kindle. Dividend Policy provides a comprehensive study of dividend policy. It explores the puzzle presented by dividends: irrational and subject to fashion, yet popular and desirable, they remain a priority among managers, even while perceived as largely symbolic. After exploring the history of dividend payments, from the emergence of the modern corporation to current perspectives, it traces the evolution of academic models on dividend policy. Here the authors review models of symmetric and asymmetric information before analyzing academia's accomplishments in solving the dividend puzzle. Related subjects, such as valuation and wealth distribution, round out the authors' presentation about new ways to think about one of the most intriguing subjects in financial economics. The book is recommended for professors and students in departments of finance and business, corporate finance staff, and financial regulators. The only comprehensive study of dividend policy Covers the historical evolution of dividends and academic research on dividend policy Presents new ways of thinking about dividends and dividend policy
The Impact of Dividend Policy on Share Price Volatility in the Indian Stock Market
The Impact of Dividend Policy on Share Price Volatility in the Indian Stock Market - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Impact of Dividend Policy on Share Price Volatility in the Indian Stock Market write by Biswajit Kumar. This book was released on 2016. The Impact of Dividend Policy on Share Price Volatility in the Indian Stock Market available in PDF, EPUB and Kindle. The Impact of dividend decision on the share price volatility in the Indian Stock Market is the subject matter of this study. Using the correlation analysis and the least square multiple regression methods, the study found only 32% of the changes in the share prices are explained by Dividend Yield, Dividend Payout Ratio, Investment growth, Size of the Firm, Leverage, and Earnings Volatility.
