This paper investigates the extent to which stocks of Building materials firms listed in Nigerian Stock Exchange (NSE) are a hedge against the expected and unexpected inflation in Nigeria over the period 2000–2011. Unexpected inflation is computed as the difference between the actual inflation and the estimates of the expected inflation. The study used real rate of return on equity and regressi...

this paper investigates the link between accrual and cash flow components of earnings and future abnormal earnings and equity values. the base of tests in this paper is ohlson (1999) model and net income, equity book value and return on equity book value, is the variables that used in this paper. the statistical population of this research is the firms accepted in the tehran stock exchange that...

We explore sell-side debt analysts’ contributions to the efficiency of securities markets. We document that debt returns lag equity returns less when debt research coverage exists, consistent with debt analysts facilitating the process by which available information is impounded in debt prices. The effect is incremental to, but comparable in magnitude to, hedge fund ownership’s effect. No such ...

This study aims to examine the effect of Current ratio (CR), Total asset turnover (TATO), Debt equity (DER), Return on (ROE), and Price earning (PER) stock returns in pharmaceutical sub-sector companies listed Indonesia Stock Exchange (IDX). The population this research is 10 that publish annual reports websites each company 2015 – 2020 sampling method use purposive based predetermined criteria...

This research was motivated by the high interest of investors in PT BTPN Syariah Tbk shares which caused value stock price to increase progressively even though it hit economic crisis due COVID-19 pandemic. study aims analyze and find out how much influence return on equity (ROE) assets (ROA) have Indonesian Islamic capital market. The method used is descriptive verification with a quantitative...

This paper examines the risk and return of the so-called capital structure arbitrage, which exploits the mispricing between a company’s debt and equity. Specifically, a structural model provides a connection between a company’s equity price and its credit default swap (CDS) spread. Based on the deviation of CDS market quotes from their theoretical counterparts, a convergence-type trading strate...