Figuring the Relationship between Cash Dividend Ratio and Stock Price Crash in Companies Accepted in Tehran Stock Exchange
<p>The present survey aims at instigating the relationship between cash dividend ratio and the risk of stock price crash of companies accepted in Tehran stock exchange. A statistical sample of 131 companies accepted in Tehran Stock Exchange was surveyed for the period between 2010 and 2015. In...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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EconJournals
2018-07-01
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| Series: | International Journal of Economics and Financial Issues |
| Online Access: | https://www.econjournals.com/index.php/ijefi/article/view/6696 |
| _version_ | 1797913242592346112 |
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| author | Nadia Ahadnezhad Behnam Azadi Peyman Imanzadeh |
| author_facet | Nadia Ahadnezhad Behnam Azadi Peyman Imanzadeh |
| author_sort | Nadia Ahadnezhad |
| collection | DOAJ |
| description | <p>The present survey aims at instigating the relationship between cash dividend ratio and the risk of stock price crash of companies accepted in Tehran stock exchange. A statistical sample of 131 companies accepted in Tehran Stock Exchange was surveyed for the period between 2010 and 2015. In this study, Levin-Lin-Chu test is utilized to examine the fixity of variables. Also, Panel method with random effects are used to assess the significance of data. The results obtained from the survey hypothesis test are expressive of the fact that there is a significant reverse relationship between cash dividend ratio and the risk of stock price fallout. In other words, with the increase of cash dividend ratio, the risk of falling out stock prices decreases.</p><p><strong>Keywords:</strong> Cash dividend, risk of stock price crash, Tehran Stock Exchange </p><p><strong>JEL Classification: </strong>G32<strong></strong></p> |
| first_indexed | 2024-04-10T12:08:50Z |
| format | Article |
| id | doaj.art-242ad22a79d04c12a7176e8efe6b16ad |
| institution | Directory Open Access Journal |
| issn | 2146-4138 |
| language | English |
| last_indexed | 2024-04-10T12:08:50Z |
| publishDate | 2018-07-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Economics and Financial Issues |
| spelling | doaj.art-242ad22a79d04c12a7176e8efe6b16ad2023-02-15T16:16:05ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382018-07-01842772833401Figuring the Relationship between Cash Dividend Ratio and Stock Price Crash in Companies Accepted in Tehran Stock ExchangeNadia AhadnezhadBehnam AzadiPeyman Imanzadeh<p>The present survey aims at instigating the relationship between cash dividend ratio and the risk of stock price crash of companies accepted in Tehran stock exchange. A statistical sample of 131 companies accepted in Tehran Stock Exchange was surveyed for the period between 2010 and 2015. In this study, Levin-Lin-Chu test is utilized to examine the fixity of variables. Also, Panel method with random effects are used to assess the significance of data. The results obtained from the survey hypothesis test are expressive of the fact that there is a significant reverse relationship between cash dividend ratio and the risk of stock price fallout. In other words, with the increase of cash dividend ratio, the risk of falling out stock prices decreases.</p><p><strong>Keywords:</strong> Cash dividend, risk of stock price crash, Tehran Stock Exchange </p><p><strong>JEL Classification: </strong>G32<strong></strong></p>https://www.econjournals.com/index.php/ijefi/article/view/6696 |
| spellingShingle | Nadia Ahadnezhad Behnam Azadi Peyman Imanzadeh Figuring the Relationship between Cash Dividend Ratio and Stock Price Crash in Companies Accepted in Tehran Stock Exchange International Journal of Economics and Financial Issues |
| title | Figuring the Relationship between Cash Dividend Ratio and Stock Price Crash in Companies Accepted in Tehran Stock Exchange |
| title_full | Figuring the Relationship between Cash Dividend Ratio and Stock Price Crash in Companies Accepted in Tehran Stock Exchange |
| title_fullStr | Figuring the Relationship between Cash Dividend Ratio and Stock Price Crash in Companies Accepted in Tehran Stock Exchange |
| title_full_unstemmed | Figuring the Relationship between Cash Dividend Ratio and Stock Price Crash in Companies Accepted in Tehran Stock Exchange |
| title_short | Figuring the Relationship between Cash Dividend Ratio and Stock Price Crash in Companies Accepted in Tehran Stock Exchange |
| title_sort | figuring the relationship between cash dividend ratio and stock price crash in companies accepted in tehran stock exchange |
| url | https://www.econjournals.com/index.php/ijefi/article/view/6696 |
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