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The relation between firm growth and stock returns of nonfinancial firms in Egyption stock exchange
Author
Sulayman, Ghada Said Abd al-Salam
Source
Journal of Commercial and Environmental Studies
Issue
Vol. 8, Issue 3 (30 Sep. 2017), pp.938-972, 35 p.
Publisher
Suez Canal University Faculty of Commerce
Publication Date
2017-09-30
Country of Publication
Egypt
No. of Pages
35
Main Subjects
Financial and Accounting Sciences
Topics
Abstract EN
The main purpose of the research is to investigate whether there is a relation between firm growth and stock returns in Egyptian Stock Exchange.
Sample size of the study is 77 firms of nonfinancial firms listed on Egyptian Stock Exchange.
The required data were collected from firms ' financial statements from 2010 - 2014.
Firm growth is calculated by two measures ich are: Total asset growth, and sales Weighted fixed asset growth.
Stock return is calculated using the appreciation in stock price divided by the original price for each period.
Panel model estimation was used in the analysis.
Results of the analysis revealed that there is no association between total asset growth and stock returns, there is positive association between sales weighted fixed asset growth and stock returns.
American Psychological Association (APA)
Sulayman, Ghada Said Abd al-Salam. 2017. The relation between firm growth and stock returns of nonfinancial firms in Egyption stock exchange. Journal of Commercial and Environmental Studies،Vol. 8, no. 3, pp.938-972.
https://search.emarefa.net/detail/BIM-1081055
Modern Language Association (MLA)
Sulayman, Ghada Said Abd al-Salam. The relation between firm growth and stock returns of nonfinancial firms in Egyption stock exchange. Journal of Commercial and Environmental Studies Vol. 8, no. 3 (2017), pp.938-972.
https://search.emarefa.net/detail/BIM-1081055
American Medical Association (AMA)
Sulayman, Ghada Said Abd al-Salam. The relation between firm growth and stock returns of nonfinancial firms in Egyption stock exchange. Journal of Commercial and Environmental Studies. 2017. Vol. 8, no. 3, pp.938-972.
https://search.emarefa.net/detail/BIM-1081055
Data Type
Journal Articles
Language
English
Notes
-
Record ID
BIM-1081055