Investigating the Effect of Market Efficiency on the Relationship between the Rate of Return and the Future Profitability of Firms

Future Earnings are an important factor in stock price valuation models. In other words, in the conditions of market efficiency, the prices will correctly represent the future financial performance of the Firm and these Stock prices will be consistent with the intrinsic value of the Firm's shar...

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Bibliographic Details
Main Authors: Hassan Zalaghi, Fereshteh Zafari akmal
Format: Article
Language:fas
Published: Alzahra University 2024-12-01
Series:راهبرد مدیریت مالی
Subjects:
Online Access:https://jfm.alzahra.ac.ir/article_8204_115fc0c473bd09710457ebf69e36f1ae.pdf
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