Corporate Governance and Expected Stock Returns - Andreas Schillhofer - Books - Deutscher Universitats-Verlag - 9783824478880 - August 28, 2003
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Corporate Governance and Expected Stock Returns 2003 edition

Andreas Schillhofer

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Corporate Governance and Expected Stock Returns 2003 edition

Based on his Corporate Governance Rating (CGR) for German firms, Andreas Schillhofer documents a positive relationship between the CGR and firm value. In addition, there is strong evidence that expected returns are negatively correlated with the CGR if dividend yields and price-earnings ratios are used as proxies for the cost of capital.


212 pages, 9 black & white illustrations, 16 black & white tables

Media Books     Paperback Book   (Book with soft cover and glued back)
Released August 28, 2003
ISBN13 9783824478880
Publishers Deutscher Universitats-Verlag
Pages 212
Dimensions 148 × 210 × 12 mm   ·   263 g
Language German