The effect of market excess returns, size, market-to-book ratio and earnings yield on stock returns
This study investigates the effect of both Fama and French three-factor model (consisting of market excess returns, size and market-to-book ratio) and earnings yield on stock returns in companies listed on Bursa Efek Indonesia. The result shows that stock returns are not affected by only market exce...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Medwell Journals
2013
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| Subjects: | |
| Online Access: | https://repo.uum.edu.my/id/eprint/25816/1/IBM%207%204%202013%20267%20277.pdf |