Determinant of stock price in Malaysia / Ferhana Jim Shamsudin

• Main Author: Jim Shamsudin, Ferhana
• Format: Student Project
• Language: English
• Published: 2015
• Subjects: Pricing
• Online Access: https://ir.uitm.edu.my/id/eprint/82919/1/82919.pdf; https://ir.uitm.edu.my/id/eprint/82919/

This study is to identify the determinant of stock price in Malaysia. The independent variables used are dividend policy (dividend yield and dividend payout ratio), earning per share and interest rate. This paper also intends to determine the key factor that influences the volatility of the stock price from January 2004 to December 2013 which contains a yearly data set of 110 observations. This paper used a panel data set and employed a Hausman test to determine the statistical relationship. The results indicate that there are significant and positive relationships for EPS and DPR. While, the IR was found has a positive relationship but not significant and DY is a significant but has negative relationship with stock price.