The Relationship Of Dividend Policy and Share Price Volatility: A Case in Vietnam

被引：0
|
作者：
Nguyen, Duy T. [1 ]
Bui, Mai H. [1 ]
Do, Dung H. [1 ]
机构：
[1] Eastern Int Univ, Becamex Business Sch, Thu Dau Mot, Binh Duong, Vietnam
来源：
ANNALS OF ECONOMICS AND FINANCE | 2019年 / 20卷 / 01期
关键词：
Dividend policy; Dividend Yield; Dividend Payout; Share Price Volatility; Emerging Markets; VALUATION; EARNINGS;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Taking the initiative of debatable relationship between dividend policy and share price volatility and addressing the limitation of statistical model of the previous papers in the context of Vietnam, this paper was conducted to practically test that relationship by additionally controlling some variables. A sample of 141 listed non-finance companies in Ho Chi Minh Stock Exchange from 2011 to 2016 was employed. The paper utilized fixed effect model after thoroughly checking mutlticollinearity, endogeneity and causality problems of the dataset. It reveals that the dividend payout and dividend yield have statistically significantly negative impact on share price volatility.
引用
收藏
页码：123 / 136
页数：14
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