Results (
Indonesian) 1:
[Copy]Copied!
H0: There is no significant association between share price volatility and dividend yield. H1: There is a significant association between share price volatility and dividend yield.It is expected that share price volatility is being affected negatively by dividend yield. (Baskin, 1989) explained negative impact of dividend yield on share price volatility based on the duration effect, the rate of return effect, the arbitrage effect and the information effect. He used Gordon growth model for demonstrating the duration effect. (He presumed that equity discount rate and dividend growth rate are unchanged).
Being translated, please wait..
