Papanastasopoulos, Georgios; Thomakos, Dimitrios; Wang, Tao - In: Journal of Economic Studies 40 (2013) 4, pp. 493-514
Purpose – The purpose of the paper is to investigate the relation between the value/growth anomaly and the external financing anomaly by considering an expanded value/growth indicator: free cash flow yield (free cash flows scaled by price). Design/methodology/approach – The paper utilizes...
