documenting significant spread returns to 16 anomalies (including several not previously studied in Australia), the empirical …

returns, it remains unresolved whether this anomaly is explained by risk or investor irrationality. This paper examines the … net share issuance anomaly using seasoned equity offerings before and after the introduction of an imputation tax system … anomaly, but more importantly suggest that this anomaly may be explained by risk …

This paper examines the momentum strategy in Australia under the debate on whether momentum strategy is profitable in … Australia. It studies both the price and alpha momentum strategy performance under several lookback periods, and applies short …