The determinants of share price volatility among public listed local banks in Malaysia/ Syairah Aimi Zulkifli

Zulkifli, Syairah Aimi (2011) The determinants of share price volatility among public listed local banks in Malaysia/ Syairah Aimi Zulkifli. Student Project. Faculty of Business and Management, Dungun, Terengganu. (Unpublished)

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Abstract

The market volatility always excites the industry resulting from the investors’ interest in maximizing their returns. The recent natural tragedy in Japan and geopolitical crisis in Middle East countries also affect the share trading behavior. This will create the uncertainties in the share prices as explained by the random walk hypothesis that support the efficient market hypothesis. Amongst the sectors that directly affected is the financial institution. The macroeconomic factors such as financial crisis, inflationary rate and trade imbalance will influence the banking industry share prices. As a result, this study aims to examine the determinants of share price volatility among public listed local banks in Malaysia. The researcher focuses on those banks that are listed in OSK 188 (under OSK Securities Berhad). The determinants include earnings per share (EPS), net asset, net cash flow and dividend. All these factors are independent variables towards share price volatility, the dependent variable, to determine the relationship for each variable. This research uses the data from year 2006 until 2009 on a quarterly basis for seven selected public listed local banks in Malaysia. The Generalized Least Square (GLS) panel data analysis used in this study shows the net cash flow is the strong explanatory powers towards the share price volatility.

Item Type: Monograph (Student Project)
Creators:
CreatorsEmail
Zulkifli, Syairah AimiUNSPECIFIED
Subjects: H Social Sciences > HB Economic Theory. Demography > Price
H Social Sciences > HG Finance > Banking > Malaysia
Divisions: Universiti Teknologi MARA, Terengganu > Dungun Campus > Faculty of Business and Management_T
Item ID: 19171
Uncontrolled Keywords: Public listed company; Share Price Volatility; EPS; Net Asset; Net Cash Flow; Dividend; Panel Data Analysis
Last Modified: 18 Dec 2018 04:55
Depositing User: Perpustakaan Cendekiawan UiTM Cawangan Terengganu
URI: http://ir.uitm.edu.my/id/eprint/19171

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