Thomakos, Dimitrios D.; Papanastasopoulos, George; Wang, Tao - Rimini Centre for Economic Analysis (RCEA) - 2007
In this paper we investigate the relation of the anomalies on accruals and net stock issues with the value/glamour … anomalies on accruals and net stock issues capture distinct forms of mispricing with the value glamour anomaly. Alternatively … anomaly. Our findings reveal, that hedge strategies on retained earnings, total accruals, net operating assets (accrual …