Developing Multifactor Asset Pricing Models Using Firm's Life Cycle
Objective: This research is aimed at introducing firms' life cycles as a new and effective factor on stock return and comparing the performance of the new multifactor asset pricing models (augmented by firm's life cycle factor) with corresponding conventional multifactor asset pricing mode...
| Main Authors: | , , |
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| Format: | Article |
| Language: | fas |
| Published: |
University of Tehran
2020-02-01
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| Series: | تحقیقات مالی |
| Subjects: | |
| Online Access: | https://jfr.ut.ac.ir/article_75555_3dac57cdb7ac9fbe848ff2b13db7e26d.pdf |