by Au Yuk Mui, Kitty, Lo King Yuen, Simon. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1991. / Includes bibliographical references. / ABSTRACT --- p.ii / TABLE OF CONTENTS --- p.iii / ACKNOWLEDGEMENT --- p.v / Chapter CHAPTER I --- INTRODUCTION --- p.1 / Hong Kong Stock-Market --- p.2 / History of Hong Kong Stock Market --- p.2 / Stock Indexes in Hong Kong --- p.4 / Process in Granting Dividend to Investors --- p.6 / Transaction Cost in Stock Trading --- p.7 / Chapter CHAPTER II --- HYPOTHESES --- p.10 / Chapter CHAPTER III --- LITERATURE REVIEW --- p.14 / Review of Hong Kong Taxation System --- p.14 / Literature Review --- p.16 / Survey on the Shareownership --- p.22 / Chapter CHAPTER IV --- METHODOLOGY --- p.26 / Data Collection --- p.26 / Stock price & Dividend --- p.26 / Market Index --- p.28 / Regression equation --- p.30 / Chapter CHAPTER V --- STATISTICAL FINDING --- p.36 / Practice of dividend payment --- p.36 / Stock price drop vs Dividend --- p.40 / Adjusted Ex-date Return vs Dividend Yield --- p.46 / Multiple regression analysis on the CAPM equation for ex-date return --- p.60 / Chapter CHAPTER VI --- LIMITATION --- p.73 / Abnormal crisis --- p.73 / Market Index --- p.74 / Portfolio approach --- p.75 / Transaction Cost --- p.76 / Chapter CHAPTER VII --- CONCLUSION --- p.77 / Chapter APPENDIX A --- "REGRESSION RESULT FOR RATE OF STOCK PRICE DROP AND DIVIDEND YIELD, IN ACCORDING TO THE DIVIDEND TYPE, WEEKDAY AND TIME LAPSE BETWEEN CUM-DATE AND EX-DATE" --- p.79 / Chapter APPENDIX B --- "REGRESSION RESULT FOR ADJUSTED EX-DATE STOCK RETURN AND DIVIDEND YIELD, IN ACCORDING TO THE DIVIDEND TYPE, WEEKDAY AND TIME LAPSE BETWEEN CUM-DATE AND EX-DATE" --- p.80 / Chapter APPENDIX C --- "RESULT OF MULTIPLE REGRESSION ANALYSIS FOR ADJUSTED EX-DATE STOCK RETURN AND DIVIDEND YIELD, ACCORDING TO THE DIVIDEND TYPE, WEEKDAY AND TIME LAPSE BETWEEN CUM-DATE AND EX-DATE" --- p.82 / Chapter APPENDIX D --- THE IMPLIED RISK FREE RATE --- p.84 / REFERENCES --- p.85
| Identifer | oai:union.ndltd.org:cuhk.edu.hk/oai:cuhk-dr:cuhk_318710 |
| Date | January 1991 |
| Contributors | Au, Kitty Yuk Mui., Lo, Simon King Yuen., Chinese University of Hong Kong Graduate School. Division of Business Administration. |
| Publisher | Chinese University of Hong Kong |
| Source Sets | The Chinese University of Hong Kong |
| Language | English |
| Detected Language | English |
| Type | Text, bibliography |
| Format | print, v, 86 leaves : ill. ; 30 cm. |
| Coverage | China, Hong Kong, China, Hong Kong, China, Hong Kong |
| Rights | Use of this resource is governed by the terms and conditions of the Creative Commons “Attribution-NonCommercial-NoDerivatives 4.0 International” License (http://creativecommons.org/licenses/by-nc-nd/4.0/) |
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