Impact of Business Performance Indicators on Share Prices on Stock Exchanges in Bosnia and Herzegovina
Journal Title: Acta Economica - Year 2013, Vol 11, Issue 18
Abstract
Business performance indicators resulting from ratio analysis are one of the key benchmarks of investment analysis on capital markets, both developed countries and countries with emerging markets. Direct and positive relations between business performance and share prices on the stock exchanges of these countries has been demonstrated, along with the possibility of using performance indicators to predict future trends in stock prices and future returns on investment. In contrast, direct relationship between business performance and market price of the shares in the stock market in Bosnia and Herzegovina does not exists, therefore, business performance indicators cannot be used in an appraisal of the investment in the capital market instruments, except in special investment strategies and on the long run.
Authors and Affiliations
Џафер Алибеговић
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- EP ID EP43765
- DOI https://doi.org/10.7251/ACE1318253A
- Views 287
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