Mohapatra, Sabyasachi; Misra, Arun Kumar - In: Cogent economics & finance 7 (2019) 1, pp. 1-17
Using Indian bank-level data, we examine the cross-sectional returns predictability for banking stocks in view of the …, primarily due to very high leveraged banks' balance sheets. Thus, we extend the Fama-French 3-factor model and Carhart 4-factor … model alongside bank-specific conditioning information in the form of asset quality variables, operational efficiency …
