| dc.description.abstract | The purpose of this study is to examine the relationship between share price volatility
and dividend policy in Vietnam stock market. Data in 5 years 2008-2012 of 97
companies listed on Ho Chi Minh Security Stock Exchange was collected. According
to the theoretical framework of Baskin (1989), multiple regression analysis was
applied to figure out the association between share price volatility and both dividend
yield and dividend payout ratio. Besides that, the primary equation was expanded by
adding control variables such as size, growth, earning volatility, and leverage. The
result is in line with Baskin’s result, share price volatility has negative significant
relationship with share price volatility. However, during the investigation, the
association between dividend payout ratio and share price is not possible. Moreover,
in contrary with Baskin’s result, all the control variables have also no linkage to
share price volatility.
Key words: dividend policy, share price volatility, dividend yield, dividend payout
ratio. | en_US |
