Corporate Governance and Expected Stock Returns e-bog
436,85 DKK
(inkl. moms 546,06 DKK)
Based on his Corporate Governance Rating (CGR) for German firms, Andreas Schillhofer documents a positive relationship between the CGR and firm value. In addition, there is strong evidence that expected returns are negatively correlated with the CGR if dividend yields and price-earnings ratios are used as proxies for the cost of capital.
E-bog
436,85 DKK
Forlag
Deutscher Universitatsverlag
Udgivet
8 marts 2013
Genrer
Business strategy
Sprog
German
Format
pdf
Beskyttelse
LCP
ISBN
9783322815606
Based on his Corporate Governance Rating (CGR) for German firms, Andreas Schillhofer documents a positive relationship between the CGR and firm value. In addition, there is strong evidence that expected returns are negatively correlated with the CGR if dividend yields and price-earnings ratios are used as proxies for the cost of capital.