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https://elibrary.tucl.edu.np/handle/123456789/11490
Title: | EFFECT OF DIVIDEND ANNOUNCEMENT ON STOCK RETURNIN NEPALESE STOCK MARKE |
Other Titles: | NEPALESE STOCK MARKET |
Authors: | TIMSINA, PUJA |
Keywords: | STOCK RETURNING;DIVIDEND ANNOUNCEMENT |
Issue Date: | Sep-2021 |
Institute Name: | School of Management |
Level: | Masters |
Abstract: | The ambiguity and contradiction in results regarding the effect of dividend announcement on share prices come from different reasons which can include macro (Country-specific) and micro (Firm-specific) level changes in the literatures. When many research show that there is no significant evidence of semi-strong form of efficiency but accept the dividend signaling theory in context of dividend announcement (Dangol, 2016 and Anh, Phuong & Manh, 2016) while many researches have proven the existence of semi-strong form of efficiency (Dangol, 2018, Hussin et al. 2010, Aharony & Swary, 1980, Asquith & Mullins, 1986, Dhillon & Johnson, 1994, Amihud & Murgia, 1997). This provides the space for further research and discussion on the topic in Nepalese context as the test results have varying results in varying countries and time. |
Description: | Dividend announcement is one of the most important information about the company to the shareholders. According to the semi-strong form of EMH, the information made public must be adjusted to the price of the company within the event date for the market to be efficient. |
URI: | https://elibrary.tucl.edu.np/handle/123456789/11490 |
Appears in Collections: | General Management |
Files in This Item:
File | Description | Size | Format | |
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Puja Timsina.pdf | A Graduate Research Report submitted in partial fulfillment of the requirements for the degree of MASTER OF BUSINESS ADMINISTRATION | 1.37 MB | Adobe PDF | View/Open |
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