The interaction effect of earnings and dividend / Nurulashikin Lokman

Lokman, Nurulashikin (2007) The interaction effect of earnings and dividend / Nurulashikin Lokman. [Student Project] (Submitted)

Abstract

This study is to examine the interaction effect of earnings and dividends whether both earnings and dividends provide information to each other. Dividend is a signal to investors where increases in dividend is associated with positive abnormal returns and decreases in dividend is associated with negative abnormal returns around the time of the dividend announcements. A lower or negative in earnings does not necessary indicate a bad news to investors. A sample of 251 Syariah Compliance firms listed on main boards in Bursa Malaysia was chosen for this study over the year 2001 to 2005. Regression model has been employed to test whether an interaction effect exist between earnings and dividends. The expected result of the interaction test is significant, indicating that both signals jointly influenced the level of abnormal returns earned by the companies. It shows that there are an interaction effect exists between earnings and dividends.

Metadata

Item Type: Student Project
Creators:
Creators
Email / ID Num.
Lokman, Nurulashikin
2005809065
Contributors:
Contribution
Name
Email / ID Num.
Thesis advisor
Ismail, Norashikin
-
Subjects: H Social Sciences > HG Finance > Financial management. Business finance. Corporation finance > Dividends. Stock dividends. Dividend reinvestment
H Social Sciences > HG Finance > Investment, capital formation, speculation
H Social Sciences > HG Finance > Investment, capital formation, speculation > Stock exchanges. Insider trading in securities > Malaysia > Kuala Lumpur. KLSE
Divisions: Universiti Teknologi MARA, Johor > Segamat Campus > Faculty of Business and Management
Programme: Bachelor of Business Administrations (Finance)
Keywords: Dividend; Investor; Bursa; UiTM Cawangan Johor
Date: 2007
URI: https://ir.uitm.edu.my/id/eprint/34152
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