The Accounting Review Vol. 49 No. 3 1974
On the Usefulness of Financial Ratios to Investors in Common Stock: A Comment.
Abstract
This article presents a comment on the study of the usefulness of financial ratios to investors in common stock in the U.S. It is not clear if the usefulness of the financial ratios would be ascertained. It shows that the strong conclusions made regarding the lack of usefulness of financial ratios may not have been warranted. The research given design and the testing procedure are not quite appropriate for drawing a definitive statement about the usefulness of financial ratios. The study, however, provides a good base for future efforts in the area.
- DOI
- 10.2308/tar-4515059
- Volume
- 49
- Issue
- 3
- Pages
- 547-550
- Language
- en
- Sources
- crossref openalex