The Market Reaction to ROCE and ROCE Components

  title={The Market Reaction to ROCE and ROCE Components},
  author={Eli Amir and Itay Kama},
  • Eli Amir, Itay Kama
  • Published 2006
This study examines investor reaction to return on common equity (ROCE) and its components around the announcement of quarterly earnings. It is an issue that the accounting literature has not examined, notwithstanding the importance of ratio analysis in general and the DuPont decomposition in particular. We consider the importance of each of the ROCE… CONTINUE READING