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Dividend Policy and Share Price Volatility: Evidence from Listed Non-Financial Firms in Sri Lanka
16 references·0 citing·37 second hop
Dividend Policy and Share Price Volatility: Evidence from Listed Non-Financial Firms in Sri Lanka (2021)Dividend Policy and Share Price Volatilit…Dividend policy and stock price volatility of industrial products firms in Malaysia (2017)Dividend policy and stock pri…Dividend policy and share price volatility (2017)Dividend policy and share pri…Stock Price Volatility and Role of Dividend Policy: Empirical Evidence from Pakistan (2016)Stock Price Volatility and Ro…The Impact of Dividend Policy on Stock Price Volatility in the Tehran Stock Exchange (2014)The Impact of Dividend Policy…THE IMPACT OF DIVIDEND POLICY ON THE SHARE PRICE VOLATILITY: Malaysian Construction and Material Companies. (2012)THE IMPACT OF DIVIDEND POLICY…The Impact of Dividend Policy on Share Price Volatility in the Malaysian Stock Market (2012)The Impact of Dividend Policy…Dividend policy and share price volatility: UK evidence (2010)Dividend policy and share pri…How Corporate Managers View Dividend Policy (1999)How Corporate Managers View D…Dividend yields and expected stock returns (1988)Dividend yields and expected …The Impact of Initiating Dividend Payments on Shareholders' Wealth (1983)The Impact of Initiating Divi…Dividend Changes and Security Prices (1983)Dividend Changes and Security…The effects of dividend yield and dividend policy on common stock prices and returns (1974)The effects of dividend yield…TAXES, CORPORATE FINANCIAL POLICY AND RETURN TO INVESTORS (1967)TAXES, CORPORATE FINANCIAL PO…OPTIMAL INVESTMENT AND FINANCING POLICY* (1963)OPTIMAL INVESTMENT AND FINANC…Dividends, Earnings, Leverage, Stock Prices and the Supply of Capital to Corporations (1962)Dividends, Earnings, Leverage…Dividend Policy, Growth, and the Valuation of Shares (1961)Dividend Policy, Growth, and …The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Effect of Managerial Ownership, Financial Leverage, Profitability, Firm Size, and Investment Opportunity on Dividend Policy and Firm Value (2013)Corporate governance and dividend pay-out policy in UK listed SMEs (2017)DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES (1956)Two Agency-Cost Explanations of Dividends (1984)Analysis of Factors Affecting Share Prices: The Case of Bahrain Stock Exchange (2015)Determinants of CSR disclosure quantity and quality: Evidence from non-financial listed firms in Saudi Arabia (2016)Risk, Return, and Equilibrium: Empirical Tests (1973)The relationship between return and market value of common stocks (1981)Asset pricing and the bid-ask spread (1986)Investor Sentiment and the Cross‐Section of Stock Returns (2006)The General Theory of Employment, Interest and Money. (1936)Efficient Capital Markets: A Review of Theory and Empirical Work (1970)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Noise Trader Risk in Financial Markets (1990)Common risk factors in the returns on stocks and bonds (1993)One‐Time Cash Flow Announcements and Free Cash‐Flow Theory: Share Repurchases and Special Dividends (1992)Dividend policy and stock price volatility: Australian evidence (1996)Measuring Abnormal Bond Performance (2008)The cost of capital, corporation finance and the theory of investment (2008)CORPORATE INCOME TAXES AND THE COST OF CAPITAL: A CORRECTION (1963)DEBT AND TAXES* (1977)Volume for Winners and Losers: Taxation and Other Motives for Stock Trading (1986)Dividend policy theories and their empirical tests (2002)DIVIDEND ANNOUNCEMENTS, SECURITY PERFORMANCE, AND CAPITAL MARKET EFFICIENCY (1972)The effect of personal taxes and dividends on capital asset prices (1979)Corporate Behavior in Adjusting to Capital Structure and Dividend Targets: An Econometric Study (1984)Efficient Capital Markets: II (1991)Efficient Capital Markets: II (1991)Capital markets research in accounting (2001)The Behavior of Stock-Market Prices (1965)The Pricing of Options and Corporate Liabilities (1973)Determinants of corporate borrowing (1977)PRICE IMPACTS OF BLOCK TRADING ON THE NEW YORK STOCK EXCHANGE (1972)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)RISK, UNCERTAINTY, AND DIVERGENCE OF OPINION (1977)
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References

  • 1961Dividend Policy, Growth, and the Valuation of Shares6,554 cited
  • 1988Dividend yields and expected stock returns3,574 cited
  • 1974The effects of dividend yield and dividend policy on common stock prices and returns1,002 cited
  • 1983The Impact of Initiating Dividend Payments on Shareholders' Wealth809 cited
  • 1963OPTIMAL INVESTMENT AND FINANCING POLICY*662 cited
  • 1962Dividends, Earnings, Leverage, Stock Prices and the Supply of Capital to Corporations464 cited
  • 2010Dividend policy and share price volatility: UK evidence266 cited
  • 1999How Corporate Managers View Dividend Policy241 cited
  • 1967TAXES, CORPORATE FINANCIAL POLICY AND RETURN TO INVESTORS183 cited
  • 1983Dividend Changes and Security Prices174 cited
  • 2012The Impact of Dividend Policy on Share Price Volatility in the Malaysian Stock Market164 cited
  • 2017Dividend policy and share price volatility92 cited
  • 2017Dividend policy and stock price volatility of industrial products firms in Malaysia75 cited
  • 2012THE IMPACT OF DIVIDEND POLICY ON THE SHARE PRICE VOLATILITY: Malaysian Construction and Material Companies.69 cited
  • 2016Stock Price Volatility and Role of Dividend Policy: Empirical Evidence from Pakistan

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55 cited
  • 2014The Impact of Dividend Policy on Stock Price Volatility in the Tehran Stock Exchange51 cited
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