The Anatomy of Value and Growth Stocks Capital Gain Return and Dividend Yield in the Tehran Stock Exchange
This study examines the empirical validity of claims that value stocks (stocks with high ratios of book value to price) have higher average returns than growth stocks (stocks with low book-to-market ratios). The analyses are performed using data pertaining to 70 firms for the period 1381-1389 and us...
| Main Authors: | , |
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| Format: | Article |
| Language: | fas |
| Published: |
University of Tehran
2011-08-01
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| Series: | تحقیقات مالی |
| Subjects: | |
| Online Access: | https://jfr.ut.ac.ir/article_23829_a2860aa1f4d1d928cbaebfd142f8907d.pdf |