Value Effect in Indonesian Stock Returns: The Implications for the Equity Mutual Fund Industry
We extend the persistence and pervasiveness of the presence of value effect to Indonesian stock returns in the last two decades by utilizing data set that is relatively free of survivor bias and selection bias. Our finding shows that value portfolios have been able to outperform growth portfolios. F...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Universitas Indonesia
2015-04-01
|
| Series: | Indonesian Capital Market Review |
| Subjects: | |
| Online Access: | http://journal.ui.ac.id/index.php/icmr/article/view/4354 |