Risk-Return Trade-off: Suspicious Effect of Skewness -An Empirical study of Chinese Firms
Enlightened by Henkel (2000, 2008), the reported research focuses on examine the effect of skewed return distribution on the inverse risk return relationship. This study will be based on empirical data of Chinese listed firms from 1999-2012. It is found that the distribution of ROA is left-skewed in...
| Main Author: | |
|---|---|
| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2013
|
| Subjects: | |
| Online Access: | https://eprints.nottingham.ac.uk/26771/ |