The company’s has a dividend per share as 20 cents which is double the dividend per share of its competitor Pemberton. • The company has ploughed back only [ 11,150,000 – 10,000,000 = 1,150,000 ] as a reserve because 10M it has paid out to its investors . • If the DPS of Orrell can be compared with its Competitor then investing in ORRELL will […]

TheEffectsofIFRS onFinancialRatios: EarlyEvidenceinCanada By: ichelBlanchette,Francois-EricRacicot M andJean-YvesGirard Sponsor: ockLefebvre,MBA,CFE,FCIS,FCGA R ResearchandStandards,CGA-Canada ElenaSimonova,MA(Economics),MPA ResearchandStandards,CGA-Canada AbouttheAuthors Michel Blanchette, FCMA, CA is a professor of Accounting with Universite du Quebec en Outaouais. Francois-Eric Racicot is a Professor of Business with Universite du Quebec en Outaouais, and Jean-Yves Girard, CMA, is an Industrial Analysis and Development Officer at Industry Canada, Government of Canada. The authors thank Diane Bigras, Denis […]

The results indicate that DY and EY ratios have a direct positive association with stock return whereas B/M ratio has a significant negative relationship with stock return. Therefore we can say that the above mentioned ratios are able to predict stock returns, furthermore, it can be seen that as compared to dividend yield and earnings yield the ratio of book to market has the highest […]