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Volume :24 Issue : 2 2017
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The Effect of Value-Based Management Adoption on Stock Market Returns of CAC40 Listed Companies
Auther : Bahri Hichem
This study aims to examine the effect of value-based management adoption on stock market returns of CAC40 listed companies. The analysis focused on a sample including 60 firm-year observations during the period 2001 to 2010. The results as represented by the regression model show a positive and statistically significant impact of value-based management adoption on stock market returns.