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This paper examines the impacts of dividend policy and ownership structure on stock price volatility in the Vietnamese … market. The study also tests for the moderating effect of foreign/state ownership on the dividend policy–price volatility … robust results indicate that dividend yield mitigates stock price volatility in the emerging market of Vietnam. The price …
Persistent link: https://www.econbiz.de/10012849579
Using U.S. data from 1926 to 2015, I show that financial skewness?a measure comparing cross-sectional upside and downside risks of the distribution of stock market returns of financial firms?is a powerful predictor of business cycle fluctuations. I then show that shocks to financial skewness are...
Persistent link: https://www.econbiz.de/10014115594
dividends affects the share price volatility, so that if the dividend goes up by 1%, the share price will rise by 14.35%. Hence …The intention of this paper is to examine the relationship between the dividend policy and share prices of companies on … the Macedonian Stock Exchange in order to define whether the dividend policy is a factor determining the share price …
Persistent link: https://www.econbiz.de/10011862135
volatility. First, consistent with dividend signaling, we find that firms with higher levels of idiosyncratic volatility are … reduction in idiosyncratic volatility following dividend initiations that is associated with announcement and long-term abnormal …We examine three aspects of the relation between dividend initiation and increase announcements and idiosyncratic …
Persistent link: https://www.econbiz.de/10013047214
The purpose of this study was to examine the relationship between dividend policy and share price volatility with a … volatility with two main measurements of dividend policy, dividend yield and payout, were examined by applying multiple … relationship between share price volatility with two main measurements of dividend policy which are dividend yield and dividend …
Persistent link: https://www.econbiz.de/10013100652
Numerous studies analyze the impact of ownership concentration and shareholder identity on dividend payout … dividend payments. Because the importance of those proxies varies with the classification techniques applied, we use both … traditional and machine learning techniques. We examine the dividend payout behavior of German issuers, which is considered rather …
Persistent link: https://www.econbiz.de/10012947291
years. The forecasting performance shows the volatility in the Nigeria stock market to be on the increase for the next four …
Persistent link: https://www.econbiz.de/10011843540
Releases of key macroeconomic indicators are closely watched by financial markets. We investigate the role of expectation dispersion and economic uncertainty for the stock-market reaction to indicator releases. We find that the strength of the financial market response to news decreases with the...
Persistent link: https://www.econbiz.de/10012404549
Releases of key macroeconomic indicators are closely watched by financial markets. We investigate the role of expectation dispersion and economic uncertainty for the stock-market reaction to indicator releases. We find that the strength of the financial market response to news decreases with the...
Persistent link: https://www.econbiz.de/10012404647
This study analyzes the firm-specific factors affecting the dividend payout decisions of the companies whose shares are …–Bover/Blunder-Bond two-step system generalized method of moments, a statistically significant positive effect on dividend payout was found in … the relationship between the dividend payout of the previous year, the company’s return on equity and the market value …
Persistent link: https://www.econbiz.de/10011963966