Security returns, risks and fundamental performances of value and growth firms in Singapore.
Yen, Jenn Yaw.
Date of Issue2002
College of Business (Nanyang Business School)
In this paper, we examine the relationship between security returns, risks and fundamental performance of value and growth firms in Singapore. Form 1976 to 1997, value stocks produced significantly higher returns than growth stocks on an absolute as well as risk-adjusted bias. However, growth firms produced better post-formation fundamental results than value firms.
Nanyang Technological University