Koubouros, Michail; Panopoulou, Ekaterini - In: Journal of Emerging Market Finance 6 (2007) 2, pp. 203-227
This article examines whether the overall market risk, along with risks reflecting uncertainty related to the long–run dynamics of market cash flows (dividends) and discount rates (returns), price average returns on single–sorted portfolios in the Greek stock market. Our results...