Asset growth and the cross-section of stock returns : evidence from Japan.

• المؤلفون الرئيسيون: Chua, Dennis Wen Ping., Lee, Swee Meng., Yeo, Boon Peng.
• مؤلفون آخرون: Lau Sie Ting
• التنسيق: Final Year Project
• اللغة: English
• منشور في: 2009
• الموضوعات: DRNTU::Business::Finance::Assets; DRNTU::Business::Finance::Equity
• الوصول للمادة أونلاين: http://hdl.handle.net/10356/15049

We test and observe in Japan‟s context a negative correlative between asset growth and abnormal returns. Contrary to previous research by Cooper, Gulen and Schill (2008), we do not observe significant alpha returns upon dividing sample firms into three categories based on market capitalization. Furt...