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DC Field | Value | Language |
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dc.contributor.author | M. Manickam | - |
dc.contributor.author | G. Senthilkumar | - |
dc.date.accessioned | 2024-02-27T07:52:54Z | - |
dc.date.available | 2024-02-27T07:52:54Z | - |
dc.date.issued | 2011 | - |
dc.identifier.uri | http://gnanaganga.inflibnet.ac.in:8080/jspui/handle/123456789/10794 | - |
dc.description.abstract | This paper examines the re lati onship between expected tock returns and size, and market-to-book ratio of selected compa nies with a sa les turnover of more than 500 crores. The selected companies a r e gro uped into five indu trie on th e basis of industrial classification of Indi an emerging markets: Automobile, Cement, Diversified, Pharmaceuticals and Textile industry. Overall, we found no size effect in all the markets and a significant marke t-to-book effect in all the groups. When the test allow for both variable , the negative relationship betwe n size and average return is less significa nt; the inclusion of market-to-book equity seems to absorb the role of size in se lected Indian stock returns. Although small firm's have to a certain extent higher average return than large firms in elected Indian markets, the market-to-book variables seems to have a consistently stronger role in average returns. | - |
dc.publisher | Finance India | - |
dc.title | Stock Return, Size and Market-to-Book Ratio: Evidence from Selected Indian Industries | - |
dc.vol | Vol. 25 | - |
dc.issued | No. 2 | - |
Appears in Collections: | Articles to be qced |
Files in This Item:
File | Size | Format | |
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Stock Return, Size and Market-to-Book Ratio-Evidence from Selcted Indian Industries.pdf Restricted Access | 4.52 MB | Adobe PDF | View/Open Request a copy |
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