Park, Keehwan; Jung, Mookwon; Fang, Zhongzheng - In: Global business and finance review 27 (2022) 1, pp. 83-94
proposed by Park and Fang (2021). We regress the value minus growth return on profit growth and risk variables to determine … data show that the accumulated return on value minus growth stocks steadily increases over 2000-2012 in Korea, indicating … aggregated in time. There exists a positive long-run risk effect on the value minus growth return. However, the effect of profit …