Anandarajan, Asokan; Hasan, Iftekhar; Isik, Ihsan; … - 2005
States and other developed countries, research indicates that both earnings and book value are important predictors of equity …In this study, we examine factors associated with equity valuation in a newly emerging market, Turkey. In the United … valuation. In Turkey, earnings appears to have information content but earnings, by itself, appears to be declining in …