Although previous research has reported that the momentum strategy is effective in the US equity market, the contrarian strategy is effective in the Japanese equity market. The current research illuminates the relationship between the return found with the contrarian strategy (contrarian return) and credit rating in the Japanese equity market. We empirically verify the relationship between thes...

this research is to examine the relationship between corporate organizational culture and financial performance in iranian ict ministry-affiliated corporations. denison's questionnaire was used to measure organizational culture while four indicators namely return on assets, return on sales, return on owner's equity ratio and operating expenses/operating income ratio were employed in a...

This paper uses a data set of industry-level equity returns from both developed and emerging markets to investigate whether the quality of the institutional environment recently shown to affect capital markets’ size also affects the expected return on equity. The paper documents that the required rate of return on equity is negatively associated with the enforceability of contracts and the impa...

This research was conducted with the aim to determine effect of Gross Return on Assets, Equity, and Net Profit Margin partially or simultaneously profit growth in pharmaceutical sub-sector companies listed Indonesia Stock Exchange for 2016-2020 period. The method used is descriptive verification. technique sample this study purposive sampling obtained 10 during 5 years research. results showed ...

Stock return is usually considered to be affected by firm’s financial ratios as well as economic variables. Fundamental method assume that stock returns is not solely related to the stock market. Most result come from the company condition , industry situation and whole economy. In this paper, this relationship between stock return and fundamentals is studied using the data for 22 pharmaceutica...