Showing 1 - 10 of 1,367
Persistent link: https://www.econbiz.de/10011302874
Persistent link: https://www.econbiz.de/10010408260
Persistent link: https://www.econbiz.de/10000423770
Persistent link: https://www.econbiz.de/10010406795
Persistent link: https://www.econbiz.de/10009614135
have analysed this sector. However, rather few articles have focused on the dynamics of growth and profit. The purpose of … this paper is to apply the theory of profit persistence and the law of proportionate effect (LPE) to Norwegian restaurants …. Small businesses grow faster than the others, and they are also more profitable. There is some degree of profit persistence …
Persistent link: https://www.econbiz.de/10013164479
Several authors have reported an unconditional size effect in returns around earnings announcements. In this study we show how this finding can be understood as resulting from ambiguity aversion. We hypothesize that analyst forecasts for smaller companies are relatively more ambiguous; hence...
Persistent link: https://www.econbiz.de/10012906172
Persistent link: https://www.econbiz.de/10012655545
Persistent link: https://www.econbiz.de/10013204822
We study the post-earnings announcement drift (PEAD) anomaly and its determinants in Borsa Istanbul using quarterly earnings announcements and three different surprise measures. We find evidence supportive of the existence of PEAD in the Turkish stock market. Sorting stocks each quarter into...
Persistent link: https://www.econbiz.de/10012816435