Safari, Meysam (2009): Dividend Yield and Stock Return in Different Economic Environment: Evidence from Malaysia.
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This study investigates the relationship between dividend yields and stock returns in bull and bear markets. Evidences from developed countries show that there should be a positive correlation between dividend yields and stock return in bear markets and a negative correlation between dividend yields and stock return during the bull markets. Findings of this study, in emerging market content, show that there is a positive relation between dividend yield and stock returns in both bull and bear markets which are not consistent with previous works.
|Item Type:||MPRA Paper|
|Original Title:||Dividend Yield and Stock Return in Different Economic Environment: Evidence from Malaysia|
|English Title:||Dividend Yield and Stock Return in Different Economic Environment: Evidence from Malaysia|
|Keywords:||Dividend Yield; Stock Return; Economic Environment; Bull/Bear Market; Malaysia|
|Subjects:||D - Microeconomics > D5 - General Equilibrium and Disequilibrium > D53 - Financial Markets
E - Macroeconomics and Monetary Economics > E3 - Prices, Business Fluctuations, and Cycles > E32 - Business Fluctuations; Cycles
G - Financial Economics > G3 - Corporate Finance and Governance > G35 - Payout Policy
C - Mathematical and Quantitative Methods > C2 - Single Equation Models; Single Variables > C23 - Models with Panel Data; Longitudinal Data; Spatial Time Series
E - Macroeconomics and Monetary Economics > E4 - Money and Interest Rates > E44 - Financial Markets and the Macroeconomy
G - Financial Economics > G0 - General > G01 - Financial Crises
|Depositing User:||Meysam Safari|
|Date Deposited:||12. Jul 2010 13:31|
|Last Modified:||12. Feb 2013 20:38|
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