SIZE EFFECT AND STOCK BEHAVIOR DURING THE EXPANSION AND CONTRACTION PHASESOF ECONOMIC CYCLE An Empirical Evidence from Indonesian Stock Market
Banz (1981) and Reiganum (1981) claim that, in terms of return creation, smallfirms tend to perform better than large firms. They implicitly claim that the phenomena (which is known as size effect) is stable and exists over the period of examination. This study intends to investigate the existence o...
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[Yogyakarta] : Universitas Gadjah Mada
2002
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