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 factors...
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University of Nottingham
2017
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| Online Access: | https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.748200 |