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Stock Valuation Models

  • Sardar M. N. Islam
  • Sethapong Watanapalachaikul
Part of the Contributions to Economics book series (CE)

Abstract

There are many different emerging and enduring financial issues in the financial sectors of developing countries, however a central issue is the valuation of stocks, i.e. the mechanism (process and factors) for determining the values of stocks. Substantial progress has been made towards understanding the relationship of different variables determining stock prices and returns in particular markets such as the U.S. stock market (Dhalkal, Kandil and Sharma 1993), U.K. stock market (Cheng 1995), and some Asian stock markets (Wongbangpo and Shama 2002) (see also Islam and Oh 2003; Cuthbertson 1996).

Keywords

Gross Domestic Product Cash Flow Stock Price Stock Return Stock Prex 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin Heidelberg 2005

Authors and Affiliations

  • Sardar M. N. Islam
    • 1
  • Sethapong Watanapalachaikul
    • 1
  1. 1.Centre for Strategic Economic StudiesVictoria UniversityMelbourne City MCAustralia

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