Shareholders are becoming a thing of the past. That's the message of new research by Kathleen Kahle at the University of Arizona and Rene Stulz at Ohio State University.
To continue reading, register today
to enjoy limited access to the following:
- Daily trading news
- Funds coverage
- Features on big investment themes
- Comprehensive companies coverage
- Economic analysis
Comment
Emerging markets trading close to book value
Prospects for emerging market performance have diminished, although the transition to broad-based economies and a vastly improved income profile holds promise over the long run
Mark Robinson