On the value relevance of retailer advertising spending and same-store sales growth

In response to recent calls to study factors that determine a retailer's stock price, this study draws on signaling theory to examine the impact of two key marketing metrics that are widely disclosed by retailers to investors, advertising spending and growth in same-store sales (COMPS), and hig...

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Bibliographic Details
Main Authors: TULI, Kapil, MUKHERJEE, Anirban, DEKIMPE, Marnik G.
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2011
Subjects:
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/5255
https://ink.library.smu.edu.sg/context/lkcsb_research/article/6254/viewcontent/1_s2.0_S0022435912000504_main.pdf
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Institution: Singapore Management University
Language: English