Gajdka, Jerzy; Pietraszewski, Piotr - In: Comparative economic research : Central and Eastern Europe 19 (2016) 3, pp. 93-111
This paper discusses the links between economic growth, corporate earnings and stock returns. Cross-country correlation …-growing countries. The problem can be analysed more deeply by analysing stock returns with respect to the growth of earnings per share … reveals that in the long run stock price returns are driven by companies’ earnings, and that the lack of correlation between …
