STOCK RETURN AND MODIGLIANI–MILLER VALUATING: REVISITING THE FAMA AND FRENCH

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

ASHOURI SIMA; ROSTAMI MOHAMMADREZA

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: INVESTMENT KNOWLEDGE Year:2018 | Volume:7 | Issue:26 Page(s): 49-62

Download Full-Text

Persian Verion

View:

1,064

Download:

Cites:

Information Journal Paper

Title

STOCK RETURN AND MODIGLIANI–MILLER VALUATING: REVISITING THE FAMA AND FRENCH

Author(s)

ASHOURI SIMA | ROSTAMI MOHAMMADREZA | Issue Writer Certificate

Keywords

EXPECTED INVESTMENTQ1

EXPECTED PROFITABILITYQ1

EXPECTED RETURNQ1

BOOK-TO-MARKETQ1

FAMA AND FRENCHQ1

Abstract

In the present study, we examined the effect of the EXPECTED INVESTMENT, EXPECTED PROFITABILITY and the book to market ratio on the market EXPECTED RETURNs. Fama-French model (2006) was used To calculate the EXPECTED PROFITABILITY and the EXPECTED INVESTMENT. EXPECTED RETURN, market value and book to market ratio was calculated by conventional methods. with the aim of increasing comparability, the two growth variable number of shares and equity book value growth also has been used separately. study was conducted in two stages regression so that the first stage regressions to estimate the EXPECTED INVESTMENT and profitability expected and second stage regressions also is used to examine the relationships between variables. The results show that there is a significant positive relationship between the EXPECTED RETURN and the EXPECTED PROFITABILITY and book to market ratio. The relationship between the EXPECTED RETURN and the EXPECTED INVESTMENT is significant negative. The results confirmed all the hypotheses.

Cites

No record.

References

No record.

Cite

APA: Copy

ASHOURI, SIMA, & ROSTAMI, MOHAMMADREZA. (2018). STOCK RETURN AND MODIGLIANI–MILLER VALUATING: REVISITING THE FAMA AND FRENCH. INVESTMENT KNOWLEDGE, 7(26 ), 49-62. SID. https://sid.ir/paper/188053/en

Vancouver: Copy

ASHOURI SIMA, ROSTAMI MOHAMMADREZA. STOCK RETURN AND MODIGLIANI–MILLER VALUATING: REVISITING THE FAMA AND FRENCH. INVESTMENT KNOWLEDGE[Internet]. 2018;7(26 ):49-62. Available from: https://sid.ir/paper/188053/en

IEEE: Copy

SIMA ASHOURI, and MOHAMMADREZA ROSTAMI, “STOCK RETURN AND MODIGLIANI–MILLER VALUATING: REVISITING THE FAMA AND FRENCH,” INVESTMENT KNOWLEDGE, vol. 7, no. 26 , pp. 49–62, 2018, [Online]. Available: https://sid.ir/paper/188053/en

Related Journal Papers