Georgiou, Catherine - In: International Journal of Business and Economic Sciences … 15 (2023) 3, pp. 24-37
different book-valued based ratios, First, we explore the explanatory capacity of the simple book-market ratio on time …-sampling. Design/methodology/approach: We commence our analysis with the conventional book-market (bm) ratio and by failing to reject … the hypothesis of a unit root, we propose the modified book-market (mbm) ratio, whose construction is based on the long …