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The Influence of Free Cash Flow, Economic Value Added and Market Value Added to the Price Stock: The Empirical Study of the Listed Companies in the Stock Exchange of Thailand in SET100.
WMS Journal of Management
View Archive Info| Field | Value | |
| Title |
The Influence of Free Cash Flow, Economic Value Added and Market Value Added to the Price Stock: The Empirical Study of the Listed Companies in the Stock Exchange of Thailand in SET100.
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| Creator |
Suwannaphurk, Arsa
Aujirapongpan, Somnuk rakangtong, Neeranat Kaewprasert |
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| Description |
This research was conducted with the aim to study the relation and influence of Free Cash Flow, Economic Value Added and Market Value Added Effect to the Price stock. Using Structural Equation Modeling (SEM) to develop a model, to inspect consistency between the model and empirical data and to study the effects of factors. The listed 100 companies in the Stock Exchange of Thailand (SET100) were been used in this study. The study had been collected by the quantitative method using the set of financial budget and financial data, according to analyzing equation of each factor.The results indicated that the model fitted the empirical data (Chi-Square = 0.00, df = 0, P-value = 1.0000, RMSEA = 0.00). It also revealed that the Economic Value Added has indirect effect on the price stock, Market Value Added has direct effect on the price stock and Free Cash Flow has direct effect on the price stock.
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| Publisher |
WMS Journal of Management
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| Date |
2016-03-22
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Original Articles Commentary |
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| Format |
application/pdf
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| Identifier |
http://tci-thaijo.org/index.php/wms/article/view/52774
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| Source |
WMS Journal of Management; Vol 3 No 2 (2014): May - August 2014; 57-65
2286-718X |
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| Language |
eng
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| Relation |
http://tci-thaijo.org/index.php/wms/article/view/52774/43822
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| Rights |
Copyright (c) 2017 WMS Journal of Management
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