The use of price–earnings ratios and dividend-price ratios as forecasting variables for the stock market is examined using aggregate annual US data 1871 to 2000 and aggregate quarterly data for twelve countries since 1970. Various simple efficient-markets models of financial markets imply that these ratios should be useful in forecasting future dividend growth, future earnings growth, or future...

Male psychiatric patients who participated in a token system were exposed to changes in the token price of available commodities. In the first experiment, the price of cigarettes was first raised, then lowered. As predicted, consumption of cigarettes decreased during price increases and increased during price decreases. Contrary to expectations, subjects did not consume less of other commoditie...

The aim of the present research is to determine the effects of financial information transparency and composition of board of directors on forecast accuracy of corporate earnings in companies. A corporation's key for success is hidden in its optimal direction. So it can be claimed that the secret of the eternal reputation of popular corporations lies in their efficient board of directors. One o...

explaining dividend policy has been one of the most difficult challenges facing financial economists. despite decades of study, we have yet to completely understand the factors that influence dividend policy and the manner in which these factors interact.the aim of this paper is to examine the relation between dividend policy and share price volatility in tehran stock exchange (tse). the analys...

C orporate governance structures in the wake of observed differences in firm ownership structures in developed markets and emerging market economies are distinct. In this paper, we examine the effect of an ownership structure of firms on the market reaction to corporate news flows in the context of emerging market economies like India. We observe the price and volume movements associ...

The Covid-19 pandemic caused a contraction in the Indonesian economy, as evidenced by large number of layoffs, and several companies had to declare bankruptcy, but this did not occur for engaged health services, including hospitals. Indonesians infected with virus hospitals experience an increase inpatient admissions, which accelerated hospitals’ financial performance very short period time. PT...

The purpose of this research is to obtain empirical evidence about the effect operating cash flow, investing financing market book ratio, earnings per share, price economic value added and on stock return. population used in are non-financial companies listed Indonesia Stock Exchange from 2018 2020. sample for consists 143 companies. sampling technique purposive method analyzed using multiple r...

maximizing economic earnings is the most common goal in cut-off grade optimization of open-pit mining operations. when this is the case, the price of the product has a critical effect on optimum value of cut-off grade. this paper investigates the relationship between optimum cut-off grade and price to maximize total cash flow and net percent value (npv) of operation. in order to visualize this ...

It is a common wisdom that individual stocks’ returns are difficult to predict, though in many situations it is important to have such estimates at our disposal. In particular, they are needed to determine the cost of capital. Market equilibrium models posit that expected returns are proportional to the sensitivities to systematic risk factors. Fama and French (1993) three-factor model explains...