The relationship between share price and shareholders' equity for companies listed under the main board of the Bursa Malaysia Berhad / Joseph Siam

This study empirically investigates the relationship between share price and shareholders' equity of companies that are listed on the Bursa Malaysia Berhad. The companies chosen are the ones that make up the group of one hundred companies included in the then Kuala Lumpur Stock Exchange Composi...

Full description

Saved in:
Bibliographic Details
Main Author: Siam, Joseph
Format: Thesis
Language:English
Published: 2004
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/58286/1/58286.PDF
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:This study empirically investigates the relationship between share price and shareholders' equity of companies that are listed on the Bursa Malaysia Berhad. The companies chosen are the ones that make up the group of one hundred companies included in the then Kuala Lumpur Stock Exchange Composite Index. The study was conducted using the sample of fifty-five (55) companies listed under the Main Board that are selected based on the availability of data on the two variables namely, share price and shareholder's equity, at the Kuching branch of the Bursa Malaysia Berhad. The finding shows that there is evidence to indicate that the two variables are related. Granted that the study may seem simplistic, but the fact that no study has been conducted in Malaysia on this topic render the finding significant. That is not to stress that the findings are absolute especially in the knowledge that the sample is relatively small, but nevertheless it is indicative. Admittedly, this study does have its own shortcomings, and the limitations and suggestions for future research are provided in the full text of the report.