One of the fundamental principle in Finance is that people behave in risk averse manner. Risk is only taken if it will result in higher expected value. The higher the risk, the higher also value to be expected. However, ...

Agency theory is a theory that explains the relationship between principal and agent in business. The main concern of this theory lies in how to solve problems that arise from agency relationships because of the inconsistency ...

Various investing strategies can basically be classified into two types, namely value investing and growth investing. In value investing investors search for stocks with price less than their intrinsic value. In growth ...

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 ...