Accounting Fundamentals and the Variation of Stock Price: Factoring in the Investment Scalability

This study develops a new return model with respect to accounting fundamentals. The new return model is based on Chen and Zhang (2007). This study takes into account theinvestment scalability information. Specifically, this study splitsthe scale of firm’s operations into short-run and long-runinvest...

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Bibliographic Details
Main Authors: Sumiyana Sumiyana, Zaki Baridwan, Slamet Sugiri, Jogiyanto Hartono
Format: Article
Language:English
Published: Universitas Gadjah Mada 2010-05-01
Series:Gadjah Mada International Journal of Business
Online Access:https://jurnal.ugm.ac.id/gamaijb/article/view/5508

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