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| Paper Type | : | Research Paper |
| Title | : | The Impact of Announcement of Increasing Trend of Cash Dividend on Market Price of Shares: Study on Dhaka Stock Exchange (DSE) |
| Country | : | Bangladesh |
| Authors | : | Mohammad Shahidul Islam || Rozina Akther || Nahid Fatema |
Abstract: The dividend policy is one of the most debated topics in the finance literature. According to the
dividend signaling hypothesis, dividend change announcements trigger share returns because they convey
information about firm's future prospect. This paper focuses on the empirical analysis of the dividend signaling
hypothesis and investigates the announcement effect of dividend changes. The study aims to examine the stock
return behavior around the dividend announcement in Dhaka stock exchange. The event study methodology is
used for this study. The abnormal return and cumulative abnormal return are calculated with market adjusted
model. The event window is 30 days. The abnormal return and cumulative abnormal return are evaluated for
significance using t-test. The findings of the study reveal that the reaction of stock prices to increasing cash
dividend announcement is statistically significant. The evidence tends to support the dividend signaling
hypothesis.
Keywords: event study, announcement date, dividend, market adjusted model.
[1]. Ahsan Habib (2004). Do Dividends Signal The Future: Empirical Evidence From Bangladesh, Journal Of Business Administration,
Vol.30, No. 1&2.
[2]. Brennan, M. J., (1970). Taxes, Market Valuation And Corporate Financial Policy. National Tax Journal, 23, 417-427.
[3]. Brigham, Eugene F. And Michael C. Ehrhardi(2003). Financial Management: Theory And Practice, Ed.10th, Ohio, USA, Thomson
South-Western.
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| Paper Type | : | Research Paper |
| Title | : | Clayton M. Christensen et al (2010). Innovation Killers: How Financial Tools Destroy Your Capacity to Do New Things (Boston: Harvard Business School Press), Harvard Business Review Classics Series, pp. 49, p/b, ISBN 978-1-4221-3655-3 |
| Country | : | India |
| Authors | : | Shiva Kumar Srinivasan |
Abstract: This book argues that the better known financial tools invoked by analysts in evaluating the performance of firms were designed years ago to enable sustaining innovations rather than disruptive innovations.That is probably why firms have difficulty with innovation in practice even though they find the idea appealing in theory. It is therefore important to integrate across the functions of strategy and finance so that the financial tools used to evaluate a firm's performance is adequate to the purpose and reflects the contemporary reality of the financial markets. Likewise firms must be willing to acquire new strategic capabilities rather than think only in terms of expanding capacities by not only restructuring their value chains when required to do so, but by spinning-off disruptive innovations into separate units so that the criteria invoked to evaluate their performance are relevant; and the differences between sustaining and disruptive forms of innovation are not forgotten in both strategic theory and financial theory.
Keywords: Disruptive Innovation, Financial Metrics, Regulation, Sustaining Innovation, Value Chain
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| Paper Type | : | Research Paper |
| Title | : | A Comparative Study on Factors Affecting Consumer's Buying Behavior towards Home Loans (With Special Reference To State Bank Of India And Life Insurance Corporation, Allahabad) |
| Country | : | India |
| Authors | : | Utkarsh Gupta || Dr. Richa Sinha |
Abstract: The housing finance sector in India has experiences unprecedented change in its structure since its formulation stage of being a solely a government undertaking to a very competitive sector with a large number of financing entities all over India. The paper aims to study the various factors that influence the decision of the consumer for taking Home Loan. The paper focuses on the Home loan offered by LIC and SBI and makes a comparative analysis of the factors that affect the consumers. The paper has a practical implication both for the academicians and for the readers in terms of their concern with the aspect issues regarding factors influencing the buyer behaviour towards Home loans. The paper is original in nature and the highlights of the paper can be used for further research purpose and provides knowledge base to the readers.
Keywords: Finance, Home Loan, Interest Rate, LIC, SBI
[1] Gudadhe P.S.(2013), "Customer perception towards products and services of State Bank of India with Special Reference to Yavatmal District, (M.S.) India‟, IRACST-International Journal of Commerce, Business and Management (IJCBM), ISSN: 2319-2828. Vol. 2, No.4, August, 1-8
[2] Rao T.S. (2013), "A study on comprehensive problems of HDFC & SBI loan takers in Andhra Pradesh State‟, Innovative Journal of Business and Management, September – October (2013) 123-127.
[3] Mittal S. (2014), "Influence of the demographic variable on the customer‟s choice and preferences for a particular type of bank‟, International Journal of Latest Research in Sciences and Technology, Volume 3, Issue 1, Jan-Feb, 2014, 88 – 90.
[4] Tiwari P., "Developments in Housing Finance in India‟, Housing Finance International, 37-46