Value and growth stocks in Brazil: risks and returns for one - and two-dimensional portfolios under different economic conditions Ações de valor e de crescimento no Brasil: riscos e retornos de carteiras uni e bidimensionais em diferentes estados da economia
For empirical purposes, value stocks are usually defined as those traded at low price-to-earnings ratios (stock prices divided by earnings per share), low price-to-book ratios (stock prices divided by book value per share) or high dividend yields (dividends per share divided by stock prices). Growth...
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| Format: | Article |
| Language: | English |
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Universidade de São Paulo
2011-08-01
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| Series: | Revista Contabilidade & Finanças |
| Subjects: | |
| Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S1519-70772011000200005 |