Taking the pulse of the real economy using financial statement analysis: the european perspective

This article shows that an analysis of aggregated changes in profitability and profitability drivers is useful to forecast European economic growth. Furthermore the predictive power contained in profitability ratios is incremental and thus complementary to that contained in stock returns. Although E...

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Bibliographic Details
Main Author: Lechien, Grégory (author)
Format: masterThesis
Language:eng
Published: 2018
Subjects:
Online Access:http://hdl.handle.net/10362/36557
Country:Portugal
Oai:oai:run.unl.pt:10362/36557