Sonney, Frédéric (contributor) - 2007
stock index returns. Though, these studies find a more significant role of industries than is
apparent in Heston and …, Review of Accounting Studies, and Review of Financial Studies.
5 I refer the reader to Kothari (2001) for a broad review of … 1997-2000.
Consistent with the most recent studies, this paper shows that the impact of industrial factors
on stock …