search query: @author Kini, O. / total: 8
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| Author: | Badrinath, S. Kini, O. |
| Title: | The relationship between securities yields, firm size, earnings/price ratios and Tobin's q |
| Journal: | Journal of Business Finance and Accounting
1994 : JAN, VOL. 21:1, p. 109-131 |
| Index terms: | SECURITIES EARNINGS COMPANIES BY SIZE |
| Language: | eng |
| Abstract: | Several studies in financial economics have found a positive relationship between stock returns and firm size. This relationship persists even after controlling for various measures of risk. There is also a well documented inverse relationship between stock returns and the Price/Earning (P/E) ratio. However, there is still substantial controversy whether the size effect subsumes the P/E effect or vice versa. In this paper, the authors demonstrate that neither the size nor the P/E effect subsumes the other. |
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