Park, Keehwan; Jung, Mookwon; Fang, Zhongzheng - In: Global business and finance review 27 (2022) 1, pp. 83-94
Purpose: On the backdrop of the recent value versus growth debate in both academics and investment community, this paper investigates which is a better strategy, value or growth strategy. Design/methodology/approach: Reworking the Euler equation, this paper derives the relationship among return,...