Firm's distress risk and profitability in the cross-sectional stock returns

This thesis investigates the cross-sectional stock returns in connection with two corporate characteristics: distress risk and profitability. These are two fundamental factors that determine expected stock returns. The research seeks to explain stock return premiums which are driven by these fact...

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Bibliographic Details
Main Author: Sha, Yezhou
Format: Thesis (University of Nottingham only)
Language:English
Published: 2017
Subjects:
Online Access:https://eprints.nottingham.ac.uk/52022/