Investigating the Effect of Relative Firms Profitability on Stock Return Sensitivity to Industry-Level News
Relative firm profitability within industry as a measure of competitiveness reflects the business strengths and weaknesses of the firm, and affects the reaction of stock returns to industry-level news. Relative profitability is affected by operational decisions of the firm that is associated with th...
| Format: | Article |
|---|---|
| Language: | fas |
| Published: |
Shahid Bahonar University of Kerman
2014-02-01
|
| Series: | مجله دانش حسابداری |
| Subjects: | |
| Online Access: | https://jak.uk.ac.ir/article_637_9b275a1b2fcdbc9be1d88a39ae2b106d.pdf |