Stephen Penman

Companies with Market Value below Book Value Are More Common in Europe Than in the U.S.: Evidence, Explanations, and Implications

Coauthor(s): Mauro Bini.
Exact Citation:
Bini, Mauro, and Stephen Penman. "Companies with Market Value below Book Value Are More Common in Europe Than in the U.S.: Evidence, Explanations, and Implications." KPMG Global Valuation Institute, 2013.
Date: 2013