tailieunhanh - The relationship between earnings to price, current ratio, profit margin and return: An empirical analysis on Istanbul stock exchange

This paper aims to investigate the relationship between current ratio, earnings to price, net profit margin and stock returns in İstanbul Stock Exchange over the period 2008-2016 by employing panel data analysis. Due to the existence of heteroskedasticity, cross sectional dependence and autocorrelation in the sample data, robust estimators are used to estimate two-way fixed effects model is estimated. | The relationship between earnings to price, current ratio, profit margin and return: An empirical analysis on Istanbul stock exchange