Dividend Announcements and Stock Market Reaction : further evidence

• 主要な著者: Mohamad, Jais, Bakri, Abdul Karim, Kenta, Funaoka, Azlan, Zainol Abidin
• フォーマット: 論文
• 言語: English
• 出版事項: Malaysian Finance Association 2010
• 主題: AC Collections. Series. Collected works; H Social Sciences (General); HB Economic Theory
• オンライン･アクセス: http://ir.unimas.my/id/eprint/3074/1/Dividend%20Announcements%20-%20Copy.pdf; http://ir.unimas.my/id/eprint/3074/; https://www.mfa.com.my/cmr/

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...