Habibollah Nakhaei

[ 1 ] - Market value added and traditional accounting criteria: Which measure is a best predictor of stock return in Malaysian companies

This study tests the hypothesis that market value added (MVA) is more highly associated with stock return (SR) than traditional performance measures. The purpose of this study is to provide empirical evidence on the relative and incremental information content of MVA and traditional performance measures, namely, net income (NI), net operational profit after tax (NOPAT), and earning per shares (...