Explaining Accrual Anomaly Using Multi-factor Pricing Model in Tehran Stock Exchange
<strong>Objective</strong><strong>:</strong> The main objective of this research is to explain the accrual anomaly using accruals factor (CMA) and accrual-based factor-mimicking portfolios as well as checking whether accrual anomaly is risk-based or mispricing. According to r...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | fas |
| Published: |
University of Tehran
2018-11-01
|
| Series: | تحقیقات مالی |
| Subjects: | |
| Online Access: | https://jfr.ut.ac.ir/article_68610_e45b9fb651e7eb22b53c0ef094c3473d.pdf |