Chiou, Chei‐Chang; Su, Robert K. - In: Managerial Finance 33 (2007) 8, pp. 517-533
systematic risk include earnings, sales growth, book value, dividend, degree of operating leverage (DOL), degree of financial …‐year earnings and current‐year sales growth, if the combined effect of its current book value, dividend and earnings on stock price … effect of book value and earnings on stock price each is positive and the effect of dividend on stock price is positive …