Dividend signaling hypothesis : evidence from banking sector in Malaysia market
This paper examines on whether dividend signaling hypothesis is applicable in the banking sector in Malaysia market. Maybank, CIMB Bank and Public Bank are the samples used in this study as they hold the major market share in the banking sector. The empirical tests employed are unit root tests, J...
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Main Author: | |
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Format: | Final Year Project Report |
Language: | English |
Published: |
Universiti Malaysia Sarawak, (UNIMAS)
2011
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Subjects: | |
Online Access: | http://ir.unimas.my/id/eprint/6406/7/Ang%20Hui%20Mei%20ft.pdf http://ir.unimas.my/id/eprint/6406/ |
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Institution: | Universiti Malaysia Sarawak |
Language: | English |
Summary: | This paper examines on whether dividend signaling hypothesis is applicable in the
banking sector in Malaysia market. Maybank, CIMB Bank and Public Bank are the
samples used in this study as they hold the major market share in the banking sector.
The empirical tests employed are unit root tests, Johansen and Juselius cointegration test,
and VECM Granger causality test. The findings show little evidence on dividend
signaling hypothesis in the banking sector and the market for the banking sector is
belongs to semi-strong form of market efficiency. |
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