Ataünal, Levent; Gurbuz, Ali Osman; Aybars, Asli - In: European financial and accounting journal : EFAJ 11 (2016) 3, pp. 25-38
This paper investigates the relationship between growth rate and shareholder value creation, using a sample of 243 non … data approach, it is shown that sales growth below sustainable growth rate (SGR) enhance shareholder value at a … significantly higher rate compared to growth above sustainable growth rate. The findings suggest that shareholder value creation …