أثر الإفصاح عن توزيعات الأرباح على كفاءة سوق دبي المالي : دراسة حدثيه خلال سنة 2011
Other Title(s)
The impact of the disclosure of dividends announsement policy on share prices : case study : Dubai Stock Excange during 2011
Joint Authors
Source
Issue
Vol. 2017, Issue 11 (30 Jun. 2017), pp.191-202, 12 p.
Publisher
Publication Date
2017-06-30
Country of Publication
Algeria
No. of Pages
12
Main Subjects
Economics & Business Administration
Abstract EN
The aim of this study is to measure the impact of the disclosure of the dividend policy on the share prices for the listed companies in Dubai Financial Market as an event, which sends signals on the status of the company and its future prospects, hence leading to change their stock prices.
In order to achieve this objective, we used the event study methodology as we are dealing with an applied study, which is looking for the relationship between stock prices and financial events.
We take five days before and after the event for a limited sample of 22 companies announce dividends during 2011.
The results reveal that the size of the abnormal average return for the periods after the announcement was too small and statistically insignificant.
This indicates that the market is unable to absorb new information.
Furthermore, the results show the non-existence of the impact of the dividend announcement on the shares prices of the listed companies in Dubai stock exchange market.
Thus, in this study the dividend announcement as a signal to influence the share prices did not achieved.
American Psychological Association (APA)
مزوزي، خيرة وبخالد، عائشة. 2017. أثر الإفصاح عن توزيعات الأرباح على كفاءة سوق دبي المالي : دراسة حدثيه خلال سنة 2011. مجلة أداء المؤسسات الجزائرية،مج. 2017، ع. 11، ص ص. 191-202.
https://search.emarefa.net/detail/BIM-766644
Modern Language Association (MLA)
مزوزي، خيرة وبخالد، عائشة. أثر الإفصاح عن توزيعات الأرباح على كفاءة سوق دبي المالي : دراسة حدثيه خلال سنة 2011. مجلة أداء المؤسسات الجزائرية ع. 11 (حزيران 2017)، ص ص. 191-202.
https://search.emarefa.net/detail/BIM-766644
American Medical Association (AMA)
مزوزي، خيرة وبخالد، عائشة. أثر الإفصاح عن توزيعات الأرباح على كفاءة سوق دبي المالي : دراسة حدثيه خلال سنة 2011. مجلة أداء المؤسسات الجزائرية. 2017. مج. 2017، ع. 11، ص ص. 191-202.
https://search.emarefa.net/detail/BIM-766644
Data Type
Journal Articles
Language
Arabic
Notes
يتضمن مراجع ببليوجرافية.
Record ID
BIM-766644