Zaremba, Adam; Żmudziński, Radosław - In: e-Finanse: Financial Internet Quarterly 10 (2014) 1, pp. 69-85
evidence on the low price effect from the Polish market. Secondly, we analyze the interdependence between the low price effect … and other return factors: value, size and liquidity. Thirdly, we investigate whether the low price effect is present after … accounting for liquidity. Fourthly, we check to see whether the low price effect is robust to transaction costs. The paper is …