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: | J. H.V.H. De Wet, E. Du Toit |
---|---|
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 |
Similar Items
-
Exploring the Determinants on the Return on Equity post Corporate Financial Distress
by: HSU CHEN HONG, et al.
Published: (2016) -
Further response to Govinder et al. (2014): Flaws in the Equity Index
by: Tom A. Moultrie, et al.
Published: (2014-05-01) -
CORPORATE FINANCIAL PERFORMANCE, CORPORATE ENVIRONMENTAL PERFORMANCE, CORPORATE SOCIAL PERFORMANCE AND STOCK RETURN
by: Nera Marinda Machdar
Published: (2017-09-01) -
THE INFLUENCE OF CORPORATE FINANCIAL PERFORMANCE ON SHARE RETURN
by: Ghulam Nurul Huda, et al.
Published: (2015-09-01) -
Revisiting the relationship between different financial risk measures and the market return on ordinary shares in South Africa
by: Elda Du Toit
Published: (2015-05-01)