Researchers and investment professionals have argued that "value strategies" based on low price relative to earnings, dividends, book value and other fundamental measures, have outperformed the corresponding "growth strategies" and the market. In this study, we endeavor to explore this premise...

Value investment and growth investment have attracted a large amount of research in recent decades, but most of this research focuses on the U.S. and Europe. This article covers the Thai stock market which has very different characteristics compared to western markets and even South East Asian...