Ataünal, Levent; Gurbuz, Ali Osman; Aybars, Asli - In: European financial and accounting journal : EFAJ 11 (2016) 3, pp. 25-38
This paper investigates the relationship between growth rate and shareholder value creation, using a sample of 243 non-financial Standard and Poor’s 500 (S&P500) companies, which have 22 years of consecutive data available (1993–2014). Sustainable Growth Rate Model (SGR) is used to divide...