The purpose of this research is to find out the measurement of firm reputation that are still relevant to represent firm reputation. The measurement that are being tested in this research are CSR Award, Firm Age, Listing Age, Market Capitalization, Buy and Hold Abnormal Return and Price Earnings...

In this study, the existence of multiple bubbles in 15 selected countries is researched by means of the GSADF unit root test developed by Phillips, Shi, and Yu (2015). The data set consists of a weighted average of the monthly price/earnings ratios with the different start dates for countries...

This paper highlights exchange-traded funds (ETF) purchases conducted by the Bank of Japan under Quantitative and Qualitative Monetary Easing with Yield Curve Control. The policy to indirectly purchase stocks is unprecedented in terms of the scale and duration among major central banks. The...

This paper highlights exchange-traded funds (ETF) purchases conducted by the Bank of Japan under Quantitative and Qualitative Monetary Easing with Yield Curve Control. The policy to indirectly purchase stocks is unprecedented in terms of the scale and duration among major central banks. The...

What makes prescription drugs cost so much? The media and Congress say it is corporate greed, while pharmaceutical firms blame federal regulations and an expensive drug development process. This study focuses on R & D (R&D) expenditures at global pharmaceutical firms and explores the driving...

What makes prescription drugs cost so much? The media and Congress say it is corporate greed, while pharmaceutical firms blame federal regulations and an expensive drug development process. This study focuses on R & D (R&D) expenditures at global pharmaceutical firms and explores the driving...

Equity investments offer considerable returns to investors and is considered to be a major source of capital for most large firms. However, these returns are subject to movement in share prices. This study investigate the determinants of share prices using fourteen companies listed on the...

In this paper, we extend the literature on crash prediction models in three main respects. First, we relate explicitly crash prediction measures and asset pricing models. Second, we present a simple, effective statistical significance test for crash prediction models. Finally, we propose a...

In this paper we construct a methodology to calculate the price-earnings ratio (PER) of the General Index of the Lima StockExchange (IGBVL) for the period 1995-2011 following Shiller (2005). Results show that equity prices, in the analyzedperiod, basically responded to the expected evolution of...

Purpose A large number of empirical studies investigate the determinants of price-earnings (P/E) ratio by focusing on fundamental factors. However, there has been an increasing concern that stock valuation is also driven by investor sentiment. This paper aims to extend the existing literature by...

Purpose This paper aims to examine the conditional and nonlinear relationship between price-earnings (P/E) ratio and payout ratio. A common finding of previous studies using linear regression model is that the P/E ratio is positively related to the dividend payout ratio. However, none of them...

This research is aimed to know and analysis influance of Fundamental Factors and IOS Partially and Simultaniously to the Manufacturing Company of Stock Price in Indonesia Stock Exchange. Dependend variable use Stock Price and ROA, ROE, EPS, PER and IOS as independend variable. This research...

This research aims to analyze the influence of Current Ratio (CR), Debt to Equity Ratio (DER), Long Term Debt to Equity Ratio (LTDtER), Total Assets Turn Over (TATO), Return On Investment (ROI), Return On Equity (ROE), and Price Earnings Ratio (PER) toward the stock price of real estate and...

I investigate how well market valuation and yield measures predict the maximum sustainable withdrawal rate (MWR) that a person can use with their retirement savings to obtain inflation-adjusted income over a 30-year period. The regression framework includes variables to predict long-term stock...

This study attempts to quantify whether a 4 percent withdrawal rate can still be considered as safe for U.S. retirees in recent years when earnings valuations have been at historical highs and the dividend yield has been at historical lows. We find that the traditional 4 percent withdrawal rule...

The price-earnings ratio (PER) effect is a well-documented phenomenon in the most developed financial markets. This effect shows that the firms with a low price to earning per share ratio exhibit higher returns than those with a high ratio. The existence of such an effect weakens the market...

For stock analysis, the P/e ratio has always played a prominent part. Is it, then, a good method for finding “incorrectly” evaluated stocks? Earlier research mainly based on the situation in North America has given some support that this would be the case. Recently, however, K L Fisher has...

This study aimed to test five fundamental factors (growth, profitability, leverage, liquidity, and efficiency) and two market ratios (earning ratio, and price earning ratio) that predicted to influence stock price in several groups of manufacturing industries listed in Jakarta Stock Exchange...