A replication of Bowman's paradox across 28 countries

This study assessed the generalizability of Bowman's paradox across 12,235 firms from 28 countries. Cross-sectional and longitudinal relationships between risk and return provided broad support for the presence of Bowman's paradox in diverse country settings (Asia, Europe, and South Africa...

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Bibliographic Details
Main Authors: Li, M. (Author), Park, H.D (Author), Patel, P.C (Author)
Format: Article
Language:English
Published: Elsevier B.V. 2018
Subjects:
Online Access:View Fulltext in Publisher