Asset Risk Behavior in Value and Growth Firms Under Stable and Adverse Market Conditions: Evidence from the Tehran Stock Exchange
Objective:The systematically important role of “value premium” in explaining equity returns (Fama and French, 1992 and 1993) has long puzzled the literature in finance and economics. Method:While recent studies (Petkova and Zhang (2005) and Choi (2013)) provide evidence, using U.S. data for the diff...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | fas |
| Published: |
University of Isfahan
2020-09-01
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| Series: | Journal of Asset Management and Financing |
| Subjects: | |
| Online Access: | https://amf.ui.ac.ir/article_23635_9353ce53466553371e5bf2e0b2215839.pdf |