Long run impact of share buyback initiation toward the share price of firms listed in Kuala Lumpur stock exchange.

This paper is attempted to investigate and evaluate the long run impact of share buyback initiation toward the share price of firms in Kuala Lumpur Stock Exchange. This research involves firms that initiated share buyback from the year of 1999 until 2008 in Kuala Lumpur Stock Exchange.The share pri...

وصف كامل

محفوظ في:
التفاصيل البيبلوغرافية
المؤلف الرئيسي: Chong, Chuan Wei
التنسيق: أطروحة
اللغة:English
منشور في: Universiti Malaysia Sarawak, (UNIMAS) 2013
الموضوعات:
الوصول للمادة أونلاين:http://ir.unimas.my/id/eprint/9334/1/Chong%20Chuan%20Wei%20ft.pdf
http://ir.unimas.my/id/eprint/9334/
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spelling my.unimas.ir.93342023-05-05T06:48:26Z http://ir.unimas.my/id/eprint/9334/ Long run impact of share buyback initiation toward the share price of firms listed in Kuala Lumpur stock exchange. Chong, Chuan Wei H Social Sciences (General) HC Economic History and Conditions HG Finance This paper is attempted to investigate and evaluate the long run impact of share buyback initiation toward the share price of firms in Kuala Lumpur Stock Exchange. This research involves firms that initiated share buyback from the year of 1999 until 2008 in Kuala Lumpur Stock Exchange.The share price is recorded every month for three years after the first share buyback is carried out. The recorded share price will later be calculated with formula of Buy-and-Hold, BHR and Buy-and-Hold Abnormal Return, BHAR by using Kuala Lumpur Composite Index as the benchmark. T -statistic value is computed manually to show the existence of BHAR value. The t-statistic value computed showed that BHAR value is not equal to zero. After that, BHAR value is regressed with book-to-market ratio and market value of the firm. After carry out the regression, the conclusion found that both Book-to-Market and Market Value show relationship with share price. Universiti Malaysia Sarawak, (UNIMAS) 2013 Thesis NonPeerReviewed text en http://ir.unimas.my/id/eprint/9334/1/Chong%20Chuan%20Wei%20ft.pdf Chong, Chuan Wei (2013) Long run impact of share buyback initiation toward the share price of firms listed in Kuala Lumpur stock exchange. Masters thesis, Universiti Malaysia Sarawak, (UNIMAS).
institution Universiti Malaysia Sarawak
building Centre for Academic Information Services (CAIS)
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Sarawak
content_source UNIMAS Institutional Repository
url_provider http://ir.unimas.my/
language English
topic H Social Sciences (General)
HC Economic History and Conditions
HG Finance
spellingShingle H Social Sciences (General)
HC Economic History and Conditions
HG Finance
Chong, Chuan Wei
Long run impact of share buyback initiation toward the share price of firms listed in Kuala Lumpur stock exchange.
description This paper is attempted to investigate and evaluate the long run impact of share buyback initiation toward the share price of firms in Kuala Lumpur Stock Exchange. This research involves firms that initiated share buyback from the year of 1999 until 2008 in Kuala Lumpur Stock Exchange.The share price is recorded every month for three years after the first share buyback is carried out. The recorded share price will later be calculated with formula of Buy-and-Hold, BHR and Buy-and-Hold Abnormal Return, BHAR by using Kuala Lumpur Composite Index as the benchmark. T -statistic value is computed manually to show the existence of BHAR value. The t-statistic value computed showed that BHAR value is not equal to zero. After that, BHAR value is regressed with book-to-market ratio and market value of the firm. After carry out the regression, the conclusion found that both Book-to-Market and Market Value show relationship with share price.
format Thesis
author Chong, Chuan Wei
author_facet Chong, Chuan Wei
author_sort Chong, Chuan Wei
title Long run impact of share buyback initiation toward the share price of firms listed in Kuala Lumpur stock exchange.
title_short Long run impact of share buyback initiation toward the share price of firms listed in Kuala Lumpur stock exchange.
title_full Long run impact of share buyback initiation toward the share price of firms listed in Kuala Lumpur stock exchange.
title_fullStr Long run impact of share buyback initiation toward the share price of firms listed in Kuala Lumpur stock exchange.
title_full_unstemmed Long run impact of share buyback initiation toward the share price of firms listed in Kuala Lumpur stock exchange.
title_sort long run impact of share buyback initiation toward the share price of firms listed in kuala lumpur stock exchange.
publisher Universiti Malaysia Sarawak, (UNIMAS)
publishDate 2013
url http://ir.unimas.my/id/eprint/9334/1/Chong%20Chuan%20Wei%20ft.pdf
http://ir.unimas.my/id/eprint/9334/
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score 13.209306