FORTUNE'S MOST ADMIRED FIRMS: AN INVESTOR'S PERSPECTIVE
Greg Filbeck
(Associate Professor, Department of Finance, College of Business Administration, University of Toledo, Toledo, OH 43606)
Raymond Gorman
(Professor, Department of Finance, School of Business Administration, Miami University, Oxford, OH 45056)
Dianna Preece
(Associate Professor, Department of Economics and Finance, School of Business, University of Louisville, Louisville, KY 40292)
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Abstract
Each year since 1983, Fortune magazine has published a survey featuring “America's most admired” corporations. Although the most admired corporations are certainly worthy of some praise and the least admired deserving of criticism, whether these admired companies are worthy of investors' money is less clear. We examine the ex ante and ex post returns of a sample of the most and least admired corporations in the Fortune survey.
Citation
Filbeck, G., Gorman, R. and Preece, D. (1997), "FORTUNE'S MOST ADMIRED FIRMS: AN INVESTOR'S PERSPECTIVE", Studies in Economics and Finance, Vol. 18 No. 2, pp. 74-93. https://doi.org/10.1108/eb028743
Publisher
:MCB UP Ltd
Copyright © 1997, MCB UP Limited