Showing 1 - 7 of 7
Persistent link: https://www.econbiz.de/10011453910
Economic theory suggests that the industry-wide component of firm performance is more persistent than the firm-specific component. This paper provides evidence on this assertion and tests whether investors misprice these components of earnings. Consistent with predictions, we find greater...
Persistent link: https://www.econbiz.de/10013020155
Persistent link: https://www.econbiz.de/10003726162
Persistent link: https://www.econbiz.de/10003709906
Persistent link: https://www.econbiz.de/10003248651
Persistent link: https://www.econbiz.de/10001421385
Persistent link: https://www.econbiz.de/10013418993