An Empirical Study On The Relationship Between Dividend Changes and Future Earning Of The Kuala Lumpur Stock Exchange Listed Companies
| dc.contributor.author | Lee, Vooi Ling | |
| dc.date.accessioned | 2019-03-05T07:56:50Z | |
| dc.date.available | 2019-03-05T07:56:50Z | |
| dc.date.issued | 2004 | |
| dc.description.abstract | This thesis is concerned with dividend signaling hypothesis which claims that dividends changes have information content and can be used to signal firms' future prospects. Initially, it was found that dividend change did no.t support the signaling hypothesis and failed to indicate future earning direction. However when the dividend increased magnitude is taken into consideration, it signals a complex relationship. Small dividend increases will signal future earning increases; whereas large dividend in~reases.will signal future earning decreases. The results showed that there are insignificant differences in dividend changes magnitude between these firms' sizes except in dividend decreases section. Nevertheless, results indicated that small firms have smaller dividend increment than large firms. In dividend decrease section, small firms have significantly larger dividend cut when signaling future earning increases. In addition, the finding also revealed that there are significant differences in dividend changes magnitude between industry sectors to signal future earning decreases but no ' significant differences to signal earning increases. Properties sector has the largest dividend change either in dividend increase or decrease. | en_US |
| dc.identifier.uri | http://hdl.handle.net/123456789/7832 | |
| dc.subject | Dividend Changes | en_US |
| dc.subject | Kuala Lumpur Stock Exchange (KLSE) | en_US |
| dc.title | An Empirical Study On The Relationship Between Dividend Changes and Future Earning Of The Kuala Lumpur Stock Exchange Listed Companies | en_US |
| dc.type | Thesis | en_US |
Files
License bundle
1 - 1 of 1
Loading...
- Name:
- license.txt
- Size:
- 1.71 KB
- Format:
- Item-specific license agreed upon to submission
- Description: