Return on equity: A popular, but flawed measure of corporate financial performance
This article is aimed at analysing the impact of popular financial performance measures on shareholders’ wealth. It tests the strength of the linear relationships between these performance measures and shareholders’ returns, which consist of dividends and changes in the share price. The return on eq...
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
AOSIS
2007-03-01
|
Series: | South African Journal of Business Management |
Online Access: | https://sajbm.org/index.php/sajbm/article/view/578 |