Risk Prediction Capabilities of P/E During Market Downturns (Private Equity)
Academy of Accounting and Financial Studies Journal 2010, May, 14, 2
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- 2,99 €
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- 2,99 €
Publisher Description
INTRODUCTION Stock market crashes shake the financial markets stability around the globe at each occurrence. The aftermath of these negative swings is devastating on investors. The stock market crash of 2000 destroyed more than $8 trillion of investors' wealth, for example (Nofsinger, 2001), while in 2008 the stock market lost more than 50% of its value with dramatic repercussions on the economy in general and on the investors in particular.
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