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Author:Cavaglia, S.
Brightman, C.
Aked, M.
Title:The increasing importance of industry factors
Journal:Financial Analysts' Journal
2000 : SEP/OCT, VOL. 56.5, p. 41-54
Index terms:Industries
Stock returns
Language:eng
Abstract:Previous studies of the relative importance of imndustry and country factors in determining equity returns generally concluded that country factors dominate industry factors. The authors present evidence that industry factors have been growing in relative importance and may now dominate country factors.
SCIMA record nr: 220433
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