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Adjusted price-dividend ratio and stock returns predictability

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Academic year: 2022

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Acknowledgement

This master thesis is a result of our 2 year MSc programme at BI, Norwegian Business School in Oslo, Norway.

We would like to express our gratitude to our supervisor Bruno Gerard for the useful comments, remarks and engagement throughout the learning process of this master thesis. He gave us a lot of flexibility in our thesis and taught us to be more structured and pragmatic. Furthermore, we would like to thank Janis Berzins for the time spent on helping us to get an access to data, and Kjell Jørgensen for his indispensable comments as well as the all valuable knowledge he transferred to us during Research Mehodology in Finance course.

Artem Abramov and Polina Panfilova

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