상장된 음식료업종의 주식수익률과 투자지표 간의 관련성에 관한 연구

• 영문명: A Study on Relevance between Return on Stock and Investment Indicators for Listed Food & Beverage Industry Firm
• 발행기관: 한국외식경영학회
• 저자명: 구원일(Won Il Koo) 정유경(Yu Kyeong Chong)
• 간행물 정보: 『외식경영연구』13권 4호, 59~78쪽, 전체 20쪽
• 주제분류: 경제경영 > 경영학
• 파일형태: PDF
• 발행일자: 2010.10.30

영문 초록

The purpose of the current study was to analyze the relevance between the return on stock and investment indicators such as EPS, BPS, PER, PBR, PSR, EVA and ROIC for rapid growing food and beverage industry. The financial data of 43 listed food & beverage firm on the stock market were utilized. First, Except for return on stock and PER, investment indicator of beverage firm showed better than other firms. In the adoption primary business of alcoholic drinks, beverage firm dose not affected market conditions. Second, in the multiple regression analysis of the relevance between return on stock and investment indicators, food and beverage industry did not showed that EVA is superior to other investment indicators. Such results can be explained that investors still consider firm performance rather than firm value to make a decision for their investment. In the previous studies evaluated the relevance between return on stock and EVA, investors will be cautious decisions in evaluating investment indicator using EVA.

키워드

Food & Beverage Return on Stock Investment Indicator EVA