The study tests prominent equity market anomalies for six emerging markets - Brazil, China, India, Indonesia, South … in India, South Korea and Brazil, value anomaly in South Korea and South Africa, momentum in India and South Africa, mild …, accruals anomaly in South Africa and stock repurchases anomaly in India and South Africa. Stock issues anomaly does not pose a …

In this paper, we identify long-term prior return patterns in stock returns for Brazil, Russia, India, China, South … momentum behavior, India, China and South Korea exhibit contrarian patterns for long-term prior return (24-60 months) as well … doesn’t explain abnormal returns on these trading strategies for India and South Korea. It works well for other markets …