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Journal of Finance Vol. 28 No. 5 1973

AMBIGUITIES IN THE CROSS‐SECTION ANALYSIS OF PER SHARE FINANCIAL DATA

E. G. Davis; D. M. Dunn; W. H. Williams

Natural Sciences and Engineering Research Council of Canada

open access

Abstract

In analyzing corporate financial data it is standard procedure to adjust the data to reflect the current number of shares outstanding. In this study, we show that this simple ,standard procedure can cause serious difficulties in a financial analysis.

DOI
10.1111/j.1540-6261.1973.tb01453.x
Volume
28
Issue
5
Pages
1241-1248
Language
en
Sources
openalex crossref

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