[PDF][PDF] Corporate financial distress: An empirical analysis of distress risk
N Outecheva - 2007 - e-helvetica.nb.admin.ch
Research on corporate financial distress is relatively young in comparison to knowledge
about mechanisms and processes in sound enterprises. Large failures and corporate …
about mechanisms and processes in sound enterprises. Large failures and corporate …
Book-to-market ratio and returns on the JSE
CJ Auret, RA Sinclaire - Investment Analysts Journal, 2006 - Taylor & Francis
Many firm-specific attributes or characteristics are understood to be proxies for what Fama
and French (1992: p428) refer to as" the unnamed sources of risk''. Perhaps the most …
and French (1992: p428) refer to as" the unnamed sources of risk''. Perhaps the most …
Do the value, size and January effects exist on the JSE?
C Auret, R Cline - Investment Analysts Journal, 2011 - journals.co.za
This paper updates and expands the study done by Robins, Sandler and Durand (1999) in
which they investigated whether or not the inter-relationships between the value, size and …
which they investigated whether or not the inter-relationships between the value, size and …
Size, book/market ratio and risk factor returns: evidence from China A‐share market
J Chen, K Leong Kan, H Anderson - Managerial Finance, 2007 - emerald.com
Purpose–The purpose of this paper is to investigate the risk factors for A‐shares listed on
both Shenzhen and Shanghai Stock Exchange in China using variables from Akgun and …
both Shenzhen and Shanghai Stock Exchange in China using variables from Akgun and …
Decomposition of book-to-market and the cross-section of returns for Chinese shares
In this paper, we show that the book-to-market decomposition described in Fama–French
(2008) significantly improves the predictive power of the estimation for an important …
(2008) significantly improves the predictive power of the estimation for an important …
[PDF][PDF] Empirical test of single factor and multi-factor asset pricing models: Evidence from non financial firms on the Ghana Stock Exchange (GSE)
P Acheampong, SK Swanzy - International Journal of …, 2016 - pdfs.semanticscholar.org
This paper examines the explanatory power of a uni-factor asset pricing model (CAPM)
against a multi-factor model (The Fama-French three factor model) in explaining excess …
against a multi-factor model (The Fama-French three factor model) in explaining excess …
[PDF][PDF] An Empirical Investigation into the Applicability of Fama-French Three Factor Model in Explaining Portfolio Returns: Evidence from Non-Financial Firms on the …
P Acheampong, SK Swanzy - International Journal of Financial …, 2016 - academia.edu
This paper investigates the applicability of the Fama-French Three Factor Model in
explaining, portfolio returns on the Ghana Stock Exchange. Following the model and …
explaining, portfolio returns on the Ghana Stock Exchange. Following the model and …
[PDF][PDF] Investor sentiment as an explanation of value and size anomalies on the South African Stock Market
H Muguto, A Charteris - 2015 - researchgate.net
As briefly highlighted in section 1.1. 3, the validity of the EMH and CAPM has been
questioned owing to the discovery of abnormal pricing patterns that cannot be explained …
questioned owing to the discovery of abnormal pricing patterns that cannot be explained …
Book-to-market ratio as a predictor of performance: a case study of companies listed at the Nairobi stock exchange (NSE)
I Chelang'at - 2007 - erepository.uonbi.ac.ke
This research provides a test on the extent of predictive ability of book-to-market ratio in the
Kenyan stock market. The use of book-to-market ratio as forecasting variable is examined …
Kenyan stock market. The use of book-to-market ratio as forecasting variable is examined …
Limited Liability, the CAPM and Speculative Grade Firms: A Monte Carlo Experiment
CA De Mello e Souza - Available at SSRN 589887, 2004 - papers.ssrn.com
Assuming that investors have limited liability has strong implications for asset pricing: it
allows equity to be valued as a call option within the CAPM's framework; predicts that …
allows equity to be valued as a call option within the CAPM's framework; predicts that …