The impact of dividend policy on shareholders' wealth : evidence from the Vector Error Correction Model

The impact of dividend policy on shareholders' wealth : evidence from the Vector Error Correction Model

Dividend policy is widely researched in financial management, but determining whether it affects the market price per share is difficult. There has been much published on the subject, which presented theories such as the Modigliani, Miller, Gordon, Lintner, Walter and Richardson propositions and the...

Full description

Bibliographic Details
Main Author: Mvita, Mpinda Freddy
Other Authors: De Wet, Johannes H.v.H. (Johannes Hendrik van Heerden)
Published: University of Pretoria 2013
Subjects:
Earnings per share (EPS)
Relevance and irrelevance theory
Shareholders’ wealth
Vector error correction model (VECM)
Market price per share
Granger causality model
Dividend policy
UCTD
Online Access:http://hdl.handle.net/2263/31010
Mpinda, MF 2012, The impact of dividend policy on shareholders' wealth : evidence from the Vector Error Correction Model, MCom dissertation, University of Pretoria, Pretoria, viewed yymmdd < http://upetd.up.ac.za/thesis/available/etd-07182013-132837 / >
http://upetd.up.ac.za/thesis/available/etd-07182013-132837/

Internet

http://hdl.handle.net/2263/31010
Mpinda, MF 2012, The impact of dividend policy on shareholders' wealth : evidence from the Vector Error Correction Model, MCom dissertation, University of Pretoria, Pretoria, viewed yymmdd < http://upetd.up.ac.za/thesis/available/etd-07182013-132837 / >
http://upetd.up.ac.za/thesis/available/etd-07182013-132837/

Similar Items