Könyv Realised Equity Returns Garry Hobbes

Realised Equity Returns

A Theoretical and Empirical Study

Szerző: Garry Hobbes
Nyelv: Angol
Kötés: Puha kötésű
Kiadó: VDM Verlag
Elérhetőség: Kiadói készleten rendelésre
Küldés 17-27 napon belül
20 652 Ft
The response of the stock market to news of earnings and dividend changes is important for investors...

Információk a könyvről

Szerző
Nyelv
Angol
Kötés
Könyv - Puha kötésű
Kiadva
2010
oldal
128
EAN
9783639300130
ISBN
3639300130
Enbook ID
06837025
Kiadó
Súly
200
Méretek
229 x 152 x 8

Teljes leírás

The response of the stock market to news of earnings and dividend changes is important for investors. This monograph provides a theoretical model of realised equity returns which assumes linear forms for the dividend and earnings processes, and a discounted dividend model for price. Price is then derived as a nonlinear function of the dividends, earnings, dividend equation coefficients and earnings process coefficients. The model for realised return is tested using data for 90 U.S. firms listed on the New York Stock Exchange over a 44 year period. The results indicate changes in earnings and dividends (scaled by lagged price), the dividend policy parameters and the parameters of the earnings process are explanatory factors for equity returns. This returns model provides a theoretical foundation for investigations into realised equity returns. Thus, the analysis reveals avenues for further research into the theoretical determinants of equity returns and may be useful to academics with an interest in price determination.

Érdekelheti

Taciturn Text

Randolph Paul Runyon
17 177 Ft
5 364 Ft

Berezina 1812

Adam Hook
6 845 Ft
4 955 Ft

Get Yer Ya Yas Out

Rolling Stones
11 001 Ft
13 151 Ft
13 780 Ft
5 920 Ft
13 039 Ft

Martin De Leon

Judy Alter
5 225 Ft

Frances Burney

Margaret Anne Doody
26 006 Ft

Inukshuk

Gregory Spatz
4 569 Ft
17 792 Ft

Louis XIV

Vincent Cronin
10 247 Ft

Welfare Economics

William J. Baumol
445 544 Ft

Community-Based Ethnography

Deana Lee Philb Henry
27 739 Ft
8 070 Ft

Azok a vásárlók, akik ezt a könyvet megvásárolták, a következőket is megvásárolták