Change search
ReferencesLink to record
Permanent link

Direct link
Predictability power of firm´s performance measures to stock returns: A compatative study of emerging economy and developed economies stock market behavior.
Karlstad University, Faculty of Economic Sciences, Communication and IT.
Karlstad University, Faculty of Economic Sciences, Communication and IT.
2011 (English)Independent thesis Advanced level (degree of Master (Two Years)), 20 credits / 30 HE creditsStudent thesis
Abstract [en]

The stock market returns are the readily available tool for the investor to make investment decision and stock market return are affected by many accounting variables. Dividend policy measures and stock return relationship has been examined from decades but result is still a dilemma. This study is a step forward to solve this dilemma by considering Karachi stock exchange, Pakistan and Nordic stock markets and conducting a comparative study to also provide a knowledge base to readers. Dividend yield ratio, dividend payout ratio and other accounting variables are examined to find their effect on stock return. Pooled least square regression has been used on the data ranging from 2005-2008 and findings are different in different markets. Dividend policy measures (dividend yield ratio and dividend payout ratio) have significant effect on the stock return and in most countries there is significant negative relationship.  

Place, publisher, year, edition, pages
2011. , 67 p.
Keyword [en]
Stock return, dividend policy measures and stock prices
National Category
Economics and Business
URN: urn:nbn:se:kau:diva-7866OAI: diva2:428091
Subject / course
Business Administration
2011-05-27, 1d227, Karlstad Universitet, Karlstad, 10:12 (English)
Social and Behavioural Science, Law
Available from: 2011-07-01 Created: 2011-06-29 Last updated: 2011-07-01Bibliographically approved

Open Access in DiVA

fulltext(934 kB)777 downloads
File information
File name FULLTEXT01.pdfFile size 934 kBChecksum SHA-512
Type fulltextMimetype application/pdf

Search in DiVA

By author/editor
Ullah, SaifAhmad, Waqar
By organisation
Faculty of Economic Sciences, Communication and IT
Economics and Business

Search outside of DiVA

GoogleGoogle Scholar
Total: 777 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

Total: 241 hits
ReferencesLink to record
Permanent link

Direct link