The impact of dividend policies on stock prices : an applied study on Jordanian companies listed in Amman stock exchange

العناوين الأخرى

أثر سياسات توزيع الأرباح على أسعار الأسهم : دراسة تطبيقية على الشركات المدرجة في سوق عمان المالي

مقدم أطروحة جامعية

al-Rawashidah, Lubna Ahmad

مشرف أطروحة جامعية

al-Shawawrah, Fawwaz Kalid

أعضاء اللجنة

al-Ali, Asad Hamid Ubayd
al-Mansir, Musa Falah
al-Hamayidah, Riyad Muslih

الجامعة

جامعة مؤتة

الكلية

كلية إدارة الأعمال

القسم الأكاديمي

قسم إدارة الأعمال و التسويق

دولة الجامعة

الأردن

الدرجة العلمية

ماجستير

تاريخ الدرجة العلمية

2013

الملخص الإنجليزي

This study is concerned with examining the impact of Dividend Policy on Stock Prices by taking a sample of 54 firms listed in Amman Stock Exchange, for a period from 2001 to 2009. To achieve this aim the researcher investigated a set of Dividend Policy : First, Payout Ratio (POR) and Dividend Yield (DY) these two variables measured cash dividend policy, Stock Dividends and Stocks Repurchase.

The hypotheses were analyzed using the Fixed Effect Model Analysis. The findings revealed that stocks repurchase has negative significant impact on stock prices while POR, DY and Stock Dividends do not have any impact on stock prices of the firms listed in ASE ; this result supports Miller and Modigliani Theory which show that there is no relationship between dividend policy and stock prices. Furthermore, the results indicated that The Arab Potash Company has the highest distribution among Jordanian companies.

Service Sector has the highest distribution among Jordanian sectors.

Also, Insurance Companies has the highest stock payments among the four sectors. Based on the research findings and conclusions, a number of recommendations these include the recommendation for the managers of companies, investors and Jordanian government- and further set for scholars for future research suggestions are proposed.

التخصصات الرئيسية

إدارة الأعمال

الموضوعات

عدد الصفحات

71

قائمة المحتويات

Table of contents.

Abstract.

Chapter One : introduction.

Chapter Two : theoretical framework and previous studies.

Chapter Three : design and methodology.

Chapter Four : data analysis and hypotheses testing.

Chapter Five : conclusions and recommendations.

References.

نمط استشهاد جمعية علماء النفس الأمريكية (APA)

al-Rawashidah, Lubna Ahmad. (2013). The impact of dividend policies on stock prices : an applied study on Jordanian companies listed in Amman stock exchange. (Master's theses Theses and Dissertations Master). Mutah University, Jordan
https://search.emarefa.net/detail/BIM-322764

نمط استشهاد الجمعية الأمريكية للغات الحديثة (MLA)

al-Rawashidah, Lubna Ahmad. The impact of dividend policies on stock prices : an applied study on Jordanian companies listed in Amman stock exchange. (Master's theses Theses and Dissertations Master). Mutah University. (2013).
https://search.emarefa.net/detail/BIM-322764

نمط استشهاد الجمعية الطبية الأمريكية (AMA)

al-Rawashidah, Lubna Ahmad. (2013). The impact of dividend policies on stock prices : an applied study on Jordanian companies listed in Amman stock exchange. (Master's theses Theses and Dissertations Master). Mutah University, Jordan
https://search.emarefa.net/detail/BIM-322764

لغة النص

الإنجليزية

نوع البيانات

رسائل جامعية

رقم السجل

BIM-322764