The effect of dividend policy on share price of 88 manufacturing listed companies in Ho Chi Minh Stock Exchange (HOSE)
Abstract
The purpose of this proposal is to examine the impact of dividend policy on share price
of 88 companies listed on Ho Chi Minh Stock Exchange Market (HOSE)in 2012. The
empirical estimation is based on a cross- sectional regression analysis of the relationship
between stock price volatility and dividend policy measuring by independent variables
involving dividend yield and dividend payout ratio, and control variables relating to
firm size, earnings volatility, long-term debt and asset growth rate.