Detail The Japanese and US Stock Prices : A Comparative Fundamental Analysis   Oleh:  Jongmoo, Jay Choi Jenis: Article from Bulletin/Magazine Dalam koleksi: JAPAN AND THE WORLD ECONOMY vol. 7 no. 3 (1995), page 347-360. Topik: STOCK PRICES; stock prices; fundamental analysis Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: JJ47.5 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel The Japanese stock market is noted for its high valuation level compared to other advanced stock markets. Previous work attributes this valuation disparity to institutional factors. This paper examines the fundamental determinants of the relative valuation of Japanese and US stocks within a simple comparative valuation model. It estimates the impact of fundamental economic variables on relative stock price indices. Among the notable findings is the role of exchange rates, retained earnings, and the effect of regulatory changes as determinants of relative stock valuation between the two countries. The cost of capital is seen to exert only a minor influence. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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