The impact of combine level of capital structure and dividend policy on firm stock price : an apply study of companies listed on Amman stock exchange
Other Title(s)
أثر المستوى المشترك لهيكل رأس المال و سياسية توزيع الأرباح في أسعار أسهم الشركة
Joint Authors
Abu Samrah, Wafa Husayn
Majid, Irshid Fuad
Source
Journal of Economics and Administrative Science
Issue
Vol. 21, Issue 86 (31 Dec. 2015), pp.2-24, 23 p.
Publisher
University of Baghdad College of Administration and Economics
Publication Date
2015-12-31
Country of Publication
Iraq
No. of Pages
23
Main Subjects
Financial and Accounting Sciences
Topics
Abstract EN
Although a great deal of works has been done on the area of capital structure and dividend policy, there is still insufficient knowledge of how these policies affect stock prices.
This shortcoming may have been originated from the separation between both policies when investigating their effect on stock prices.
Based on this point, this research adopts a new technique (completely randomized design), to combine the effect of capital structure and dividend policy on stock prices rather than separating between them.
The study used panel based regression analysis depending on the sample of 30 service and industrial Jordanian firms for the period of 2001-2010.
The result of test hypotheses found the following; 1) dividend payout has a positive effect on firm stock prices.
2) Firm leverage has a negative effect on firm stock prices.
3) Combined level of capital structure and dividend policy has an effect on stock prices.
4) Different levels of combined level of capital structure and dividend policy affect stock prices in a different way.
American Psychological Association (APA)
Majid, Irshid Fuad& Abu Samrah, Wafa Husayn. 2015. The impact of combine level of capital structure and dividend policy on firm stock price : an apply study of companies listed on Amman stock exchange. Journal of Economics and Administrative Science،Vol. 21, no. 86, pp.2-24.
https://search.emarefa.net/detail/BIM-700124
Modern Language Association (MLA)
Majid, Irshid Fuad& Abu Samrah, Wafa Husayn. The impact of combine level of capital structure and dividend policy on firm stock price : an apply study of companies listed on Amman stock exchange. Journal of Economics and Administrative Science Vol. 21, no. 86 (2015), pp.2-24.
https://search.emarefa.net/detail/BIM-700124
American Medical Association (AMA)
Majid, Irshid Fuad& Abu Samrah, Wafa Husayn. The impact of combine level of capital structure and dividend policy on firm stock price : an apply study of companies listed on Amman stock exchange. Journal of Economics and Administrative Science. 2015. Vol. 21, no. 86, pp.2-24.
https://search.emarefa.net/detail/BIM-700124
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 22-23
Record ID
BIM-700124