Informasi Anomali Akrual dalam Pembentukan Portofolio Saham
The accrual information is discussed in light with the multifactor asset pricing theory. It is argued that the capital market processes information efficiently, and that low accruals firms are risky and therefore earn higher average returns. In other words, the level of accruals proxies for the load...
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| Format: | Article |
| Language: | English |
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Universitas Sebelas Maret
2017-02-01
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| Series: | Jurnal Akuntansi dan Bisnis |
| Online Access: | https://jab.fe.uns.ac.id/index.php/jab/article/view/105 |