Residual Income versus Earnings: Which Measure is more Associated with Shareholder Wealth Creation?
This study aims to test on an empirical basis which measure, a value-based measure such as residual income (“RI”) or the traditional measure such as earnings, is more closely associated with shareholder wealth creation. Motivation for the study emanates from the increasing emphasis on shareholder we...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2004
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| Online Access: | https://eprints.nottingham.ac.uk/24341/ |