The Investigation about the Ability of Book-to-Market Ratio for Risk Proxy by Leverage-Based Approach
The research uses a leverage-based approach for investigation about the ability of book-to-market ratio for risk proxy. On the past researches and used model (pooled regression) and approach, we expected that effect of this ratio on historical stock returns, should be result of book leverage and mar...
Main Authors: | , |
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Format: | Article |
Language: | fas |
Published: |
University of Tehran
2008-11-01
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Series: | بررسیهای حسابداری و حسابرسی |
Subjects: | |
Online Access: | https://acctgrev.ut.ac.ir/article_27254_a2c704e95800a7e23b4085e2ee718ea2.pdf |