Earnings, Earnings Growth and Value
نویسندگان
چکیده
منابع مشابه
Earnings growth volatility and the value premium
The volatility of future earnings growth is a significant determinant of Fama and French’s Value premium. We use a stochastic earnings model of firm valuation to establish a formal link between the volatility of future earnings growth and the value premium. Furthermore we empirically confirm this relationship at the macro-level.
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ژورنال
عنوان ژورنال: Foundations and Trends® in Accounting
سال: 2006
ISSN: 1554-0642,1554-0650
DOI: 10.1561/1400000001