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Corporate Governance and Expected Stock Returns

Corporate Governance and Expected Stock Returns

Andreas Schillhofer

78,94 €
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Editorial:
Springer Nature B.V.
Año de edición:
2003
Materia
Obras de teatro, textos teatrales
ISBN:
9783824478880
78,94 €
IVA incluido
Disponible

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Sobre IBD

Based on his Corporate Governance Rating (CGR) for German firms, Andreas Schillhofer documents a positive relationship between the CGR and firm value. In addition, there is strong evidence that expected returns are negatively correlated with the CGR if dividend yields and price-earnings ratios are used as proxies for the cost of capital.

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