Retained Earnings, and Book-to-market in the Cross Section of Expected Returns in Tehran Stock Exchange Market by Gholam Reza Keshavarz Haddad, Iman Sharifi

“…The characteristics might be interpreted as a financially critical situation, whereas, the it is not so for firm that are active in financial fields. The information extracted from the financial statements is matched with the annual return of 1 month after the end of the financial year. …”
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