Industry Concentration and Manufacturing Industries Stock Returns
The objective of this study is to investigate the impact of industryconcentration on the average stock returns, and proposing a model toexplain this relationship. Explanatory variables are Herfindahl-Hirschman Index of industry concentration, industry size (marketequity), book-to-market ratio, lever...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | fas |
| Published: |
Allameh Tabataba'i University Press
2012-06-01
|
| Series: | Muṭāli̒āt-i Mudīriyyat-i Ṣan̒atī |
| Subjects: | |
| Online Access: | https://jims.atu.ac.ir/article_2012_650e728925b74c568f6ec7e40fcbee47.pdf |