Quotation Gschwandtner, Adelina, Hauser, Michael, WU, Youchang. 2011. Profit Persistence and Stock Returns.


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Abstract

This paper attempts to bring further evidence for the relationship between the product and the financial market. Drawing back on work in industrial organization, we analyze the relationship between profit persistence and expected stock returns. We show that economic fundamentals have an significant impact on stock returns and their volatility.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Working/discussion paper, preprint
Language English
Title Profit Persistence and Stock Returns
Year 2011

Associations

People
Gschwandtner, Adelina (Former researcher)
Hauser, Michael (Details)
External
WU, Youchang (Wisconsin School of Business, United States/USA)
Organization
Institute for Statistics and Mathematics IN (Details)
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