Impact of Earnings, Dividends and Cash Flows on Stock Returns: Case of Taiwan's Stock Market

Impact of Earnings, Dividends and Cash Flows on Stock Returns: Case of Taiwan's Stock Market The study uses Taiwan's stock market, a newly developed market with different characteristics from that of the U.S., as an experimental case to examine the influences of the market's characteristics on the relationship between stock returns and fundamental accounting information, such as earnings, dividends and cash flows. The testing period is from 1990 to 1994, right after the promulgation of Taiwan's accounting standard for statement of cash flows in 1989. Review of Quantitative Finance and Accounting Springer Journals

Impact of Earnings, Dividends and Cash Flows on Stock Returns: Case of Taiwan's Stock Market

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Kluwer Academic Publishers
Copyright © 1997 by Kluwer Academic Publishers
Finance; Corporate Finance; Accounting/Auditing; Econometrics; Operation Research/Decision Theory
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