Asymmetric impact of economic value-added dynamics on market value of stocks in Pakistan stock exchange, a new evidence from panel co-integration, FMOLS and DOLS

Shareholders' wealth maximization is the ultimate objective of firms. Economic value added (EVA) is a financial metric linked to shareholders' wealth maximization. Prior studies revealing the efficacy of value-based and accounting-based performance measures are inconclusive. Moreover, all...

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Những tác giả chính: Adil Pasha, Muhammad Ramzan
Định dạng: Bài viết
Ngôn ngữ:English
Được phát hành: Taylor & Francis Group 2019-01-01
Loạt:Cogent Business & Management
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Truy cập trực tuyến:http://dx.doi.org/10.1080/23311975.2019.1653544