Impact of Firms Earnings and Economic Value Added on the Market Share Value: An Empirical Study on the Islamic Banks in Bangladesh

Helaluddin Ahmed

Impact of Firms Earnings and Economic Value Added on the Market Share Value: An Empirical Study on the Islamic Banks in Bangladesh

Helaluddin Ahmed * §

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§ World University of Bangladesh

Impact of Firms Earnings and Economic Value Added on the Market Share Value: An Empirical Study on the Islamic Banks in Bangladesh

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Abstract

This paper focuses on identifying the relationship among the firms’ earnings, economic value added and the shareholders’ value of the selected Islamic Banks in Bangladesh. The data of this study composed of five selected Islamic Banks of Dhaka Stock Exchange (DSE) covering the period of five years from 2009 to 2013. Correlation method has been utilized to find out the relationship whereas simple regression method has been used to identify the impact of firm earnings and the economic value added on change in the stock price. Findings reveal that there is strong association among the firms’ earnings per share, economic value added per share and the market price per share Furthermore it is also reveal that share price of Islamic Banks in Bangladeshcan be explained more significantly by the economic value added than the banks’ traditional measures of earnings.

References

13 Cites in Article

Reference Format

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Helaluddin Ahmed. 2015. "Impact of Firms Earnings and Economic Value Added on the Market Share Value: An Empirical Study on the Islamic Banks in Bangladesh". Global Journal of Management and Business Research, Global Journal of Management and Business Research - D: Accounting & Auditing GJMBR-D Volume 15 (GJMBR Volume 15 Issue D2).

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GJMBR Volume 15 Issue D2

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords

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Classification

GJMBR-D Classification JEL Code: M49

Submission ReceivedJune 5, 2015
Peer Review Double Blind
Handling Editor
Accepted July 5, 2015
Published July 15, 2015

Version of record

v1.2

Issue date

May 6, 2015

Language

English

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Article Matrices

Total Score: 148

Country: Bangladesh

Subject: Global Journal of Management and Business Research

Authors: Helaluddin Ahmed (PhD/Dr. count: 0)

View Count (all-time): 346

Total Views (Real + Logic): 1736

Total Downloads (simulated): 145

Publish Date: 2015 07, Wed

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