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This paper analyses the stochastic behaviour of Private Equity returns (a measure of profitability) applying fractional …. Differences are also found in the results by asset class. The implications of these findings for private equity management, profit …
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Empirical evidence on the out-of-sample performance of asset-pricing anomalies is mixed so far and arguably is often subject to data-snooping bias. This paper proposes a method that can significantly reduce this bias. Specifically, we consider a long-only strategy that involves only published...
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back on work in industrial organization, we analyze the relationship between profit persistence and expected stock returns …. We show that long-run profit persistence together with other additional economic firm fundamentals have a significant …
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Purpose - The purpose of this paper is to examine the determinants of banking sector profitability in Egypt to shed … to investigate the long-run relationship between the return on equity as a proxy for bank profitability and several bank …-run equilibrium. Findings - The main findings of this work show that banking sector profitability is inversely related to capital …
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