Purpose: On the backdrop of the recent value versus growth debate in both academics and investment community, this paper investigates which is a better strategy, value or growth strategy. Design/methodology/approach: Reworking the Euler equation, this paper derives the relationship among return,...

Standards are those generally agreed through repetitive use. They also make products and services more reliable. Thus, when developing standards, one should at first be aware of what the market actually needs not what the developers and providers want. If not, unnecessary standards will...