Where to Find a Textbook Definition of Return on Investment

Summary

The document asks for an authoritative citation for the definition of return on investment when writing a paper. The response does not state a formula or compare competing definitions; it points instead to corporate finance and investment textbooks as suitable references. It names two commonly used texts, one focused on corporate finance and one on investments, as places to find the standard calculation.

This is a narrow bibliographic pointer rather than a treatment of ROI as a trading or research metric. It offers no discussion of how to choose the investment base, measure returns across time, account for cash flows, or compare ROI with other performance measures. Readers who need a citable definition would need to consult the named textbooks and select the formulation appropriate to their context.

Key ideas

• Corporate finance textbooks commonly present a formula for return on investment.
• Investment textbooks are another potential source for a citable ROI definition.
• The discussion names references but does not provide the formula or address variations in how ROI is measured.

Tags

# Citation for the definition of Return on Investment


# Citation for the definition of Return on Investment












I am writing a paper in an area where the concept of Return on Investment may not be clear. Is there a definitive source for its definition I can cite?

## Answer by develarist (score 1)

https://quant.stackexchange.com/a/53897

Any textbook on corporate finance contains the formula for ROI. Below are two popular ones,

Berk and De Marzo - Corporate Finance

Bodie, Kane, Marcus - Investments

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