A Reinvestigation on Book-to-Market Phenomenon
碩士 === 輔仁大學 === 會計學系碩士班 === 93 === Book-to-market（B/M）phenomenon means that B/M ratio is positively related with future returns. After we rank firms by B/M and assgn them to deciles, the high B/M portfolio usually outperform the low B/M portfolio. The Hedge portfolio based on taking a long position...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2005
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| Online Access: | http://ndltd.ncl.edu.tw/handle/03952571841812952955 |