Su, Chi-Wei; Chang, Ya-Wen; Chen, Yahn-Shir; Chang, Hsu-Ling - In: Economics Bulletin 3 (2008) 30, pp. 1-12
In this study, we use panel cointegration methods to investigate the relationship between stock prices and earnings-per-share (EPS). Furthermore, we consider whether stock prices respond to EPS under the different level of growth rate of operating revenue. The empirical result indicated that the...
