Demirtas, K. Ozgur; Guner, A. Burak - In: International Journal of Revenue Management 2 (2008) 3, pp. 234-253
This paper uncovers several empirical regularities in the returns of small stocks. First, within the sample of firms that have low market capitalisations, stocks with low past profitability ('laggers') bring returns that are significantly higher than those of stocks with high past profitability...
