Author/Authors :
RUDIANTO, Dudi Universitas Bakrie, INDONESIA
Title Of Article :
COMPARISON OF FINANCIAL PERFORMANCE AND STOCK PRICE BEFORE AND AFTER EX - DIVIDEND LISTED COMPANIES IN INDONESIA STOCK EXCHANGE
Abstract :
The environmental Kuznets curve hypothesis (EKC) urges that there is an inverse-U-shaped relationship between carbon dioxide emission per capita and income per capita. Although there is lots of paper attempting to test the EKC hypothesis, the reported empirical results and conclusions are ambiguous. Departing from previous literature, this study focusses on two issues. Firstly, it examines the MINT countries which is neglected in the extend EKC literature. The MINT countries consist of Mexico, Indonesia, Nigeria and Turkey. The annual GDP per capita and carbon dioxide emissions per capita were obtained from the World Development Indicators 2013. The data set includes the period of 1967-2010, due to the availability of data. Secondly, the long run panel causality test suggested by Canning and Pedroni (2008) is used the test EKC hypothesis. Results of this study supported the EKC hypothesis only in the case of Nigeria.
NaturalLanguageKeyword :
Financial performance , Indonesia stock prices , Ex , dividend date and the manufacturing sector
JournalTitle :
The International Journal Of Economic and Social Research
