Description: Corporate Governance and Expected Stock Returns : Empirical Evidence from Germany, Paperback by Schillhofer, Andreas, ISBN 3824478889, ISBN-13 9783824478880, Brand New, Free shipping in the US Based on his Corporate Governance Rating (CGR) for German firms, Andreas Schillhofer documents a positive relationship between the CGR and firm value. In addition, there is strong evidence that expected returns are negatively correlated with the CGR if dividend yields and price-earnings ratios are used as proxies for the cost of capital.
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Book Title: Corporate Governance and Expected Stock Returns : Empirical Evide
Author: Schillhofer, Andreas
Language: German
