اثر توصية مجلس ادارة الشركة المساهمة العامة بتوزيعات الارباح ثم قرار الهيئة العامة للمساهمين بالموافقة علي هذه التوصية علي سعر اللسهم

النمروطي, مصطفي (2013) اثر توصية مجلس ادارة الشركة المساهمة العامة بتوزيعات الارباح ثم قرار الهيئة العامة للمساهمين بالموافقة علي هذه التوصية علي سعر اللسهم. Masters thesis, جامعة الشرق الاوسط.

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Abstract

This study aims at exploring the effects of the declaration of board of directors of public shareholding company on dividends on the share market price, and the approving of shareholder general assembly on such price. To achieve the objectives of this study; it has been referred to the financial data of all Jordanian public shareholding companies of the main three sectors (financial, service and industrial), that have declared about the dividends on their shareholders in 2011 which are 69 companies. As well as, it has been studied the reactions affected the share prices of these companies resulting from the recommendation of board of directors on these dividends, on the first place, and then the approval of the general assembly on such dividends. Since these were the study samples and as making a statistical analysis; the study has come to several conclusions, whether on the sample level wholly or on each sector individually: There were effects, resulting from the recommendation of board of directors on dividends and the general assembly approving on such recommendation, on the share prices of the Jordanian public shareholding companies registered at Amman Stock Exchange during 2011, although the effects of the approval were deeper than the ones of the recommendation. For analyzing the study data; it has been used the methods of descriptive statistics, such as: percentage and rate of change. while in the assumptions test; it has been used the T- ع Test of the Paired Samples and One Way ANOVA and Tukey test of the Post Hoc Comparisons for the differences between the effects resulting from declaring the dividends and the ones that resulting from approving such dividends on the share market price. Based on the results revealed by the study; the researcher has advised several recommendations, for example: the importance of development the control methods which guarantee the improvement of the financial market capacity, in addition to, control the widespread information leaking which deepen the speculation and affect the validity of the information content of the data and the financial reports that issued by the public shareholding companies and registered therein.

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