Recent advances in panel data econometrics are used to investigate the determinants of
profitability for manufacturing and service sector firms in Belgium, France, Italy and the UK …

This paper interprets the price-earnings ratio (PIE) and the market-to-book ratio (PIB) and
describes how they articulate. It also describes the role of book rate-of-return on equity (the …

Historical cost accounting deals with uncertainty by deferring the recognition of earnings
until the uncertainty has largely been resolved. Such accounting affects both earnings and …

An investigation of the relation between earnings surprise and three empirical anomalies—
the P/E effect, the size effect, and the Value Line enigma—indicates that the standardized …

In an investigation of an asset pricing anomaly,“predictability bias,” stocks were classified
into quintiles based on how predictable the company's earnings have been in the past, as …

Recently, the connection between assets in a portfolio has attracted widespread attention.
How to improve the performance of a large portfolio selection from the perspective of …

Tüm dünyada oldu u gibi ülkemizde de geli imini sürdürmekte olan menkul k ymetler borsas,
tasarruf sahipleri aç s ndan birikimlerini verimli bir ekilde de erlendirebilecekleri bir alternatifi …

Stocks with a high valuation compared to fundamental values imply a high growth rate, yet
these stocks have typically under-performed in subsequent years supporting Lakonishok …

Asset pricing literature typically labels stocks with high price multiples as growth and stocks
with low price multiples as value. This definition is accompanied by the view that, over the …

The commonly used compound annual growth rate CAGR does not consider volatility, and
its calculation fails for time series beginning or terminating with a zero or negative value …