search query: @author Jr, / total: 5
reference: 1 / 5
« previous | next »
| Author: | Barbee, W. Jr Mukherji, S. Raines, G. |
| Title: | Do sales-price and debt-equity explain stock returns better than book-market and firm size? |
| Journal: | Financial Analysts' Journal
1996 : MAR-APR, VOL. 52:2, p. 56-60 |
| Index terms: | FINANCE SHARE PRICES RETURN ON INVESTMENT |
| Language: | eng |
| Abstract: | During the 1979-91 period, the sales-price ratio and debt-equity ratio had greater explanatory power for stock returns than either the book-market value of equity ratio or the market value of equity. Furthermore, the sales-price ratio captures the role of the debt-equity ratio in explaining stock returns. Neither the book-market value of equity ratio nor the market value of equity has consistent explanatory power for stock returns, and the sales-price ratio is a more reliable explanatory factor. |
« previous | next »
SCIMA