Investigation of the Firm Book-To-Price Operating and Leverage Components Effect in Stock Returns in Tehran Stock Exchange
Fama and French (1992) observe that book-to-price (B/P) ratios are positively correlated with subsequent stock returns, a relation that has come to be known as the book-to-price effect and Penman, Richardson, and Tuna (2007) explains that The B/P ratio can be decomposed into an enterprise book-to-...
Main Authors: | , |
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Format: | Article |
Language: | fas |
Published: |
Allameh Tabataba'i University Press
2010-03-01
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Series: | مطالعات تجربی حسابداری مالی |
Subjects: | |
Online Access: | https://qjma.atu.ac.ir/article_4307_d0c7cd7658f185e1506bca7ca7040fde.pdf |