The main purpose of this study is to examine the impact of dividend policy on share price volatility in Tehran Stock Exchange. The numbers of statistic community are 470 companies in Tehran Stock Exchange. We select 51 companies from these statistic communities during 2007 to 2012 by restricting the companies that meet some Criteria for doing the research. In this study to evaluate the changes in stock used Parkinson's stock price volatility. The statistical model used was multivariable regression model and for testing compound data (panel) were used. Before analyzing the data, Unit root test, Chaw test and Hausman test for Stationary tests of the variables, Select panel data in pooling data and the fixed effects model was chosen. Then the fixed effects model to test the research hypotheses. The result indicated at the error level on 5%, Dividend payout ratio has a significantly negative effect on stock price volatility and asset growth rate has a significantly positive effect on stock price volatility. Also variables leverage, earning volatility and company size on stock price volatility is not significant effect.
This paper examines the relationship between dividend policy and financial leverage of 33 food companies listed in Tehran Stock Exchange with 242 data ‚during the period 2003 to 2010. Dividend policy‚ vastly followed by the companies ‚was tested by applying the extend model of Linter (1956) with the debt ratio of the firm ‚the current year's dividend yield as its independent variables and change in earnings as a dummy variable. At first‚ the descriptive statistics for our entire variables were calculated and then correlation matrix was calculated to identify the preliminary relationship among all the variables‚ followed by regression analysis on panel data to examine the significance and magnitude through fixed and random effects model. Theoretical assertion were justified through random effect model that the level of corporate debt (leverage) and widely practiced dividend policy ‚ significantly ‚ affect the dividend policy of the Iranian firms. The factors affecting dividend policy with respect of sources and uses of funds set why and how to select a particular source‚ according to requirements of the outside environment and also dominant phenomena within the company. In such circumstances‚ this current research has tried to focusing on financial performance of companies listed in Tehran Stock Exchange and to examine the effects. This research aimed to explore the impact of financial leverage‚ dividend policy in food industry companies listed in Tehran Stock Exchange Market. For this purpose‚ independent variables in debt ratio‚ stock returns and changes in food group income from stock are collected. Dividend per share is considered as only variable dividend policy that accounts for behavior of corporate managers in corporate financial decision. Food industry companies have positive effect on variables in dividend yield and changes income‚ but debt ratio has no meaningful relationship on dividend per share. It has only positive relationship‚ if the rate of debt ratio is less than dividend yield. When rate of debt ratio is more than dividend yield‚ it will have negative relationship.
As information technology has developed, electronic banking has become accepted as part of daily life. In particular, it has significantly affected internal banking processes. The present study aims to survey the effect of electronic banking service quality on funds, consumers' time deposit & loan bona mobilization. This research is an applied, survey & correlational studying. After studying literature and considering models which presented about the electronic banking service quality, consumers' time deposit & loan bona, formation theoretical framework, major variables identified and the conceptual model and hypotheses were identified. Questionnaire for the measurement of research variables were used. Content validity was confirmed by experts and Cronbach's alpha coefficients were calculated 0861. The sample included 384 customers of Agricultural Bank branches in Tehran, which selected using simple random sampling. Testing hypotheses using the Structural equation modeling (SEM) showed electronic banking (service quality, customer trust, ease of use, accountability, quality of access) affect significantly consumers' time deposit & loan bona. At the end we present herein implications and suggestions for Agricultural Bank and further research.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
hi@scite.ai
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.