Ebrahim, M. Shahid; Girma, Sourafel; Shah, M. Eskandar; … - In: Journal of International Financial Markets, … 29 (2014) C, pp. 51-70
We reconfirm the presence of value premium in emerging markets. Using the Brazil–Turkey–India–China (BTIC) grouping during a period of substantial economic growth and stock market development, we attribute the premium to the investment patterns of glamour firms. We conjecture based on...