Lau, Hon-Shiang; Wingender, John R.; Lau, Amy Hing-Ling - In: Management Science 35 (1989) 9, pp. 1139-1142
In recent years skewness has become a much-discussed factor in financial research, and many studies/models involve the … skewness of various financial variables. This paper (i) points out the universal neglect in the finance literature of skewness … for skewness estimated from lognormal populations; (iii) points out directions of further research for developing a …