Determinants of stock price volatility: Evidence from cement industry

Mehmood, Arshad; Ullah, Muhammad Hafeez; Sabeeh, Najam Ul

doi:10.5267/j.ac.2019.2.002

Cited by 9 publications

(9 citation statements)

References 10 publications

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“…Therefore, the H1 is not supported, there is no significant influence of dividend payout on share price volatility. A similar finding was revealed by Mehmood, Ullah, and Sabeeh (2019), even though Nguyen, Bui, and Do (2019) found that there is a significant relationship between dividend payout and share price volatility. Secondly, the dividend yield is significantly positively related to share price volatility, and then H2 is supported by the data of the study.…”

Section: Hypotheses Testingsupporting

confidence: 76%

Factors determining the share price volatility: Evidence from listed companies in Sri Lanka

Kengatharan

Ford

2021

indonesian. management. account. res.

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<p>The objective of this study is to investigate the factors determining the share price volatility of listed companies in Colombo Stock Exchange (CSE), Sri Lanka. A sample of 72 listed non -financial firms from CSE in Sri Lanka is examined using panel data analysis for a five years period from 2013 to 2017. Dividend payout ratio, dividend yield, dividend per share, sales growth, leverage, exchange rate, firm size, earnings volatility and GDP are considered as explanatory variables. According to the fixed effect regression analysis, only 22% of the movements in share prices are explained by the explanatory variables considered in this study. Dividend yield shows significant positive impact on share price volatility whereas dividend per share shows the significant negative impact on share price movements. Exchange rate and firm size illustrate significant negative influence on share price volatility by indicating if firm size is large share price volatility will be high. But, dividend pay-out, financial leverage, earnings volatility and GDP are not significantly convince the share price volatility in this study. Therefore, it is concluded that dividend yield, dividend per share, exchange rates and firm size have significant impact on price volatility in Sri Lankan context. Dividend policy can be considered as the protective mechanism to maintain share price volatility in order to enhance the shareholders wealth.</p>

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Section: Hypotheses Testingsupporting

confidence: 76%

Factors determining the share price volatility: Evidence from listed companies in Sri Lanka

Kengatharan

Ford

2021

indonesian. management. account. res.

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“…According to (Sutrisno, 2020;Mehmood et al, 2019), the corporation's size positively impacts stock volatility. The higher the diversification of activities.…”

Section: Robustness Tests 61 Alternative Measurementioning

confidence: 99%

Does ERP Adoption Affect Stock Price Volatility? Evidence from Egypt

Ali Abdelall,

Dejun Wu

2023

IJEBMR

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This study explores the association between ERP adoption and stock price volatility (SPV). An ERP software reshapes information collected, processed, and disseminated. We examine whether ERP usage influences the stock price volatility of Egyptian firms. Our investigation is among the first to examine how ERP usage affects SPV, an overall outcome measure of a firm’s information environment. The Findings document that ERP has a significant and negative association with SPV. Stock price volatility (SPV) relationships have expanded the literature on ERP facts. ERP is essential for both strategic and operational logistics decisions. This study also gives strong evidence that ERP-adopted firms help to reduce the risk of stock price volatility and build a good relationship with the shareholders. Overall, it showed the financial effect of ERP in the emerging economy context of Egypt. OLS Regression Analysis 115 organizations in Egypt were edited in 1150 observations registered from 2011 to 2020 on the Egyptian Stock Exchange (ESE). The main results of tests are robust after analysis with a cluster of the standard errors by companies' change of critical variables.

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“…Menurut (Alliffah, 2018) menyatakan secara parsial hanya rasio pendapatan per lembar saham serta rasio harga terhadap nilai buku berdampak positif signifikan pada pengembalian saham. (Mehmood et al, 2019) menunjukkan bahwa terdapat hubungan positif dari volatilitas harga saham serta rasio pembayaran dividen. Selain itu, adanya volatilitas laba dan pengaruh yang mempunyai hubungan negatif dengan volatilitas harga saham.…”

Section: Pendahuluanunclassified

Analisa Rasio Keuangan terhadap Pergerakan Harga Saham pada Perusahaan Sektor Properti Periode 2017-2020

Budiman¹,

Gusfandi

2022

jmas

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This study discusses the issue of various factors that affect the stock price of a company. The research focused on the property company sector in Indonesia which has been listed and has financial statements on the Indonesia Stock Exchange from January 2017-December 2020 using time series data collection techniques. The method used in this study is a deductive analysis that utilizes the Eviews version 12 application with data processing techniques in the form of data quality tests (chow test, hausman test and lagrange multiplier test) and panel data analysis test (t test, F test, and coefficient of determination test). The results of the study concluded that the ratio of total assets turnover is significantly positive having an impact on the share price; the rate-of-return ratio of assets is significantly negative in having an impact on stock prices. The exchange rate ratio, earnings per share and debt to equity ratio do not significantly have an impact on stock prices.

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Determinants of stock price volatility: Evidence from cement industry

Cited by 9 publications

References 10 publications

Factors determining the share price volatility: Evidence from listed companies in Sri Lanka

Factors determining the share price volatility: Evidence from listed companies in Sri Lanka

Does ERP Adoption Affect Stock Price Volatility? Evidence from Egypt

Analisa Rasio Keuangan terhadap Pergerakan Harga Saham pada Perusahaan Sektor Properti Periode 2017-2020

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