Why does operating profitability predict returns? : new evidence on risk versus mispricing explanations
Year of publication: |
2024
|
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Authors: | Ahmed, Anwer S. ; Neel, Michael ; Safdar, Irfan |
Published in: |
Accounting and finance. - Melbourne : Wiley-Blackwell, ISSN 1467-629X, ZDB-ID 1482438-3. - Vol. 64.2024, 2, p. 1243-1276
|
Subject: | expected crash risk | operating profitability | profitability premium | stock returns | underreaction | Kapitaleinkommen | Capital income | Rentabilität | Profitability | Gewinn | Profit | Risiko | Risk | Theorie | Theory | Börsenkurs | Share price | CAPM | Kapitalmarktrendite | Capital market returns | Risikoprämie | Risk premium |
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