Rationalizing the value premium in emerging markets

Rationalizing the value premium in emerging markets

We reconfirm the presence of value premium in emerging markets. Using the Brazil–Turkey–India–China (BTIC) grouping during a period of substantial economic growth and stock market development, we attribute the premium to the investment patterns of glamour firms. We conjecture based on empirical evid...

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Bibliographic Details
Main Authors: Ebrahim, M. Shahid, Girma, Sourafel, Shah, M. Eskandar, Williams, Jonathan
Format: Article
Published: Elsevier 2014
Subjects:
Asset Pricing
Growth (i.e.
Glamour) Stocks
Multifactor Models
Real Options
Value (i.e.
Unspectacular) Stocks.
Online Access:https://eprints.nottingham.ac.uk/47147/

Internet

https://eprints.nottingham.ac.uk/47147/

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