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WEALTH ADDED INDEX: ITS RELATION WITH CURRENT RETURN AND FUTURE ABNORMAL RETURN
(Faculty Of Economics And Business Universitas Gadjah Mada, 2013-12-06)
ABSTRACT
Wealth Added Index (WAI) is a popular metric to measure wealth created or destroyed in
a publicly traded company. Yet research that link WAI and stock return and its potential to
predict future return has been ...