haku: @indexterm VALUATION / yhteensä: 677
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| Tekijä: | Suvas, A. |
| Otsikko: | Cross-sectional valuation of corporate equities: the Finnish evidence |
| Lehti: | International Review of Financial Analysis
1994 : VOL. 3:1, p. 37-63 |
| Asiasana: | FINANCE VALUATION FINLAND |
| Kieli: | eng |
| Tiivistelmä: | Empirical evidence on factors affecting the valuation of shares is in many respects inconsistent. In this study, several earlier models are tested using Finnish data. The results are similar to those obtained with U.S. data. The risk variables (the market model beta) perform quite poorly, as is the case in earlier studies. The importance of growth is confirmed by a new specification that works well across the models tested. |
SCIMA