Deutscher Universitatsverlag
Corporate Governance and Expected Stock Returns: Empirical Evidence from Germany
Product Code:
9783824478880
ISBN13:
9783824478880
Condition:
New
$71.82
Corporate Governance and Expected Stock Returns: Empirical Evidence from Germany
$71.82
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.
| Author: Andreas Schillhofer |
| Publisher: Deutscher Universitatsverlag |
| Publication Date: Aug 28, 2003 |
| Number of Pages: 190 pages |
| Binding: Paperback or Softback |
| ISBN-10: 3824478889 |
| ISBN-13: 9783824478880 |