An Empirical Examination of Traditional Equity Valuation Models: The case of the Athens Stock Exchange

G. A. Karathanassis and S. N. Spilioti

European Research Studies Journal, 2004, vol. VII, issue 1-2, 133-142

Abstract: Early theoretical work on equity valuation suggests that equity prices are determined by variables such as dividends and growth in dividends. This paper employs panel data methodology and equity prices from Athens Stock Exchange to empirically investigate the performance of the traditional models of equity valuation.

Keywords: Equity valuation; book value; abnormal earnings; emerging markets; panel data (search for similar items in EconPapers)
JEL-codes: G1 (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:ers:journl:v:vii:y:2004:i:1-2:p:133-142

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