Effect of share split on the shareholders’ wealth; A case of the Dar es Salaam Stock Exchange (DSE)

A dissertation submitted in partial fulfilment of the requirements for the award of Degree of Master of Science –Accounting and Finance (MSC-A&F) of the Mzumbe University Show full item record

Guardado en:
Detalles Bibliográficos
Autor principal: Rosemary, Luena
Formato: Tesis
Lenguaje:inglés
Publicado: Mzumbe University 2024
Materias:
Acceso en línea:https://scholar.mzumbe.ac.tz/handle/123456789/958
Etiquetas: Agregar Etiqueta
Sin Etiquetas, Sea el primero en etiquetar este registro!
_version_ 1820347762537922560
author Rosemary, Luena
author_facet Rosemary, Luena
author_sort Rosemary, Luena
collection DSpace
description A dissertation submitted in partial fulfilment of the requirements for the award of Degree of Master of Science –Accounting and Finance (MSC-A&F) of the Mzumbe University Show full item record
format Thesis
id oai:41.59.85.69:123456789-958
institution Mzumbe University
language English
publishDate 2024
publisher Mzumbe University
record_format dspace
spelling oai:41.59.85.69:123456789-9582024-07-09T16:43:06Z Effect of share split on the shareholders’ wealth; A case of the Dar es Salaam Stock Exchange (DSE) Rosemary, Luena Capital Markets Shareholder’s wealth Share split Shareholder A dissertation submitted in partial fulfilment of the requirements for the award of Degree of Master of Science –Accounting and Finance (MSC-A&F) of the Mzumbe University Show full item record The study aimed at analysis the effects of share split on the shareholders’ wealth; a case of Dar es Salaam Stock Exchange (DSE). In attaining this, four specific objectives were set ascertained; to explore reasons for share split, to determine whether price of split share follow any definite identifiable pattern, to analyze pros and cons pertaining to share split, and to assess the effect of share split on return to shareholders. The study deployed a case study research design and conducted at the DSE where attained 94 percent response rate as 13 respondents were from DSE Staff, 8 respondents from Licensed Brokers and 96 respondents from Shareholders. Again, purposive and snowball sampling techniques were deployed in getting data from a total sample size of 117 respondents. As far as research findings is concerned, the study attained fully its specific objectives that revealed reasons for share split as psychological, increasing stock liquidity, withdraw of principal investor and speculative factors. Likewise, pros and cons pertaining to share split found to be price affordability, wider ownership base, fulfilling investors’ expectation, strengthening company’s image and rival competition. Among the cons included some investors perceive split share as cheap, cost of split, listing requirements and split shares being prone to unwanted investors. Moreover, the study recommended principal investors to think critically before deciding to withdraw their shares as would sometimes affect the general conduct of investing companies, while effectiveness of the Tanzania capital market was suggested as area for future study. Private 2024-07-09T07:43:52Z 2024-07-09T07:43:52Z 2013 Thesis APA https://scholar.mzumbe.ac.tz/handle/123456789/958 en application/pdf Mzumbe University
spellingShingle Capital Markets
Shareholder’s wealth
Share split
Shareholder
Rosemary, Luena
Effect of share split on the shareholders’ wealth; A case of the Dar es Salaam Stock Exchange (DSE)
title Effect of share split on the shareholders’ wealth; A case of the Dar es Salaam Stock Exchange (DSE)
title_full Effect of share split on the shareholders’ wealth; A case of the Dar es Salaam Stock Exchange (DSE)
title_fullStr Effect of share split on the shareholders’ wealth; A case of the Dar es Salaam Stock Exchange (DSE)
title_full_unstemmed Effect of share split on the shareholders’ wealth; A case of the Dar es Salaam Stock Exchange (DSE)
title_short Effect of share split on the shareholders’ wealth; A case of the Dar es Salaam Stock Exchange (DSE)
title_sort effect of share split on the shareholders wealth a case of the dar es salaam stock exchange dse
topic Capital Markets
Shareholder’s wealth
Share split
Shareholder
url https://scholar.mzumbe.ac.tz/handle/123456789/958
work_keys_str_mv AT rosemaryluena effectofsharesplitontheshareholderswealthacaseofthedaressalaamstockexchangedse