The Effect of Dividend on Common Stock Prices
There are considerable debates on how dividend policy effects firm value. Some researchers believe that dividends increase shareholder wealth; others believe that dividends are irrelevant, and still others believe that dividends decrease shareholder wealth. The main purpose of this study was to inve...
| Main Authors: | , |
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| Format: | Article |
| Language: | fas |
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Allameh Tabataba'i University Press
2003-06-01
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| Series: | مطالعات تجربی حسابداری مالی |
| Online Access: | https://qjma.atu.ac.ir/article_4013_1e07250d378c21378898bb03350f4429.pdf |
| _version_ | 1827400604393144320 |
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| author | Mohsen Khoshtinat Mohammad Reza Sarebanha |
| author_facet | Mohsen Khoshtinat Mohammad Reza Sarebanha |
| author_sort | Mohsen Khoshtinat |
| collection | DOAJ |
| description | There are considerable debates on how dividend policy effects firm value. Some researchers believe that dividends increase shareholder wealth; others believe that dividends are irrelevant, and still others believe that dividends decrease shareholder wealth. The main purpose of this study was to investigate the effects of dividend on common stock prices. To test the research hypothesis, the study used the 1994-2002 financial data of a cross - sectional set of companies listed in the Tehran Stock Exchange. The financial data used in the study belonged to a total of 60 corporations who met certain predetermined research criteria. Regression was used to test the research hypothesis. The results show positive correlation between the dividend and common stock prices. |
| first_indexed | 2024-03-08T20:06:42Z |
| format | Article |
| id | doaj.art-074b988a2b754470a0cb76764e5be661 |
| institution | Directory Open Access Journal |
| issn | 2821-0166 2538-2519 |
| language | fas |
| last_indexed | 2024-03-08T20:06:42Z |
| publishDate | 2003-06-01 |
| publisher | Allameh Tabataba'i University Press |
| record_format | Article |
| series | مطالعات تجربی حسابداری مالی |
| spelling | doaj.art-074b988a2b754470a0cb76764e5be6612023-12-23T10:32:18ZfasAllameh Tabataba'i University Pressمطالعات تجربی حسابداری مالی2821-01662538-25192003-06-01121071394013The Effect of Dividend on Common Stock PricesMohsen Khoshtinat0Mohammad Reza Sarebanha1عضو هیأت علمی دانشگاه علامه طباطباییعضو هیأت علمی دانشگاه بین المللی امام خمینی (ره)There are considerable debates on how dividend policy effects firm value. Some researchers believe that dividends increase shareholder wealth; others believe that dividends are irrelevant, and still others believe that dividends decrease shareholder wealth. The main purpose of this study was to investigate the effects of dividend on common stock prices. To test the research hypothesis, the study used the 1994-2002 financial data of a cross - sectional set of companies listed in the Tehran Stock Exchange. The financial data used in the study belonged to a total of 60 corporations who met certain predetermined research criteria. Regression was used to test the research hypothesis. The results show positive correlation between the dividend and common stock prices.https://qjma.atu.ac.ir/article_4013_1e07250d378c21378898bb03350f4429.pdf |
| spellingShingle | Mohsen Khoshtinat Mohammad Reza Sarebanha The Effect of Dividend on Common Stock Prices مطالعات تجربی حسابداری مالی |
| title | The Effect of Dividend on Common Stock Prices |
| title_full | The Effect of Dividend on Common Stock Prices |
| title_fullStr | The Effect of Dividend on Common Stock Prices |
| title_full_unstemmed | The Effect of Dividend on Common Stock Prices |
| title_short | The Effect of Dividend on Common Stock Prices |
| title_sort | effect of dividend on common stock prices |
| url | https://qjma.atu.ac.ir/article_4013_1e07250d378c21378898bb03350f4429.pdf |
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