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Impact of financial performance on stock price of Non-Bank Financial Institutions (NBFI) in Bangladesh: Dynamic panel approach

  • Mohammad Mizenur Rahaman*
  • , Mohammad Ashraful Ferdous Chowdhury
  • *Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

2 Scopus citations

Abstract

Share price determination is a central question which the academicians and researchers in the fieldof Capital markets are trying to address through different angles. This study is about to find impactof financial performance on stock prices of a listed Non-Bank Financial Institutions (NBFI) in stockexchanges of Bangladesh. The main objective of the study is to investigate the impact of financial performanceon stock prices of listed NBFI in Bangladesh. The research thus analyzes the impact of totalearnings (NIAT), EPS announce, yearly dividend declaration, and NAV of the company on stock pricesof NBFI in DSE by using recent tools such as static model and dynamic models such as GMM for theperiod of 2009 to 2013. This study reveals EPS has a strong positive correlation with stock price andNIAT & DPS came out with weak positive correlation with stock price however NAV and stock pricehas medium positive correlation.

Original languageEnglish
Title of host publicationManagerial Strategies and Solutions for Business Success in Asia
PublisherIGI Global
Pages199-211
Number of pages13
ISBN (Electronic)9781522518877
ISBN (Print)152251886X, 9781522518860
DOIs
StatePublished - 22 Nov 2016
Externally publishedYes

Bibliographical note

Publisher Copyright:
© 2017 by IGI Global. All rights reserved.

ASJC Scopus subject areas

  • General Economics, Econometrics and Finance
  • General Business, Management and Accounting

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