Cash-flow news and the investment effect in the cross section of stock returns
Mike Qinghao Mao (Department of Business Economics, Erasmus University Rotterdam, Rotterdam, Netherlands), K. C. John Wei (Department of Finance, Hong Kong University of Science and Technology, Kowloon, Hong Kong)
| Year of publication: |
September 2016
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|---|---|
| Authors: | Mao, Mike Qinghao ; Wei, K. C. John |
| Published in: |
Management science : journal of the Institute for Operations Research and the Management Sciences. - Catonsville, MD : INFORMS, ISSN 0025-1909, ZDB-ID 206345-1. - Vol. 62.2016, 9, p. 2504-2519
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| Subject: | investment effect | q-theory | cash-flow news | return decomposition | Ankündigungseffekt | Announcement effect | Kapitaleinkommen | Capital income | Cash Flow | Cash flow | Schätzung | Estimation | Börsenkurs | Share price | Tobins Q | Tobin's Q | Kapitalmarktrendite | Capital market returns | Return on Investment | Return on investment | Investitionsentscheidung | Investment decision |