Relationship between firm return and stock price volatility of listed commercial banks in Dar Es Salaam stock exchange
Vol 6, Issue 2, 2023
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Abstract
This study evaluated the relationship between firm return and stock price volatility of listed commercial banks in Dar es Salaam Stock Exchange (DSE). A quantitative research design was utilized in the examination. The research utilized company year observations spanning from 2011 to 2020, sourced from Seven (7) banks. The secondary data came from listed commercial banks’ annual reports. In this investigation, panel data regression was employed. Based on the results of the panel regressions. The study’s results also showed that the volatility of commercial banks’ share prices was somewhat impacted negatively by corporate return. Additionally, the study suggests that commercial banks increase their earnings per share in order to stabilize the price volatility of commercial banks listed on the DSE.
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DOI: https://doi.org/10.24294/fsj.v6i2.5752
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