search query: @author Beard, C. / total: 5
reference: 1 / 5
« previous | next »
| Author: | Beard, C. Sias, R. |
| Title: | Is there a neglected-firm effect? |
| Journal: | Financial Analysts' Journal
1997 : SEP/OCT, VOL. 53:5, p. 19-23 |
| Index terms: | COMPANIES SECURITIES FINANCE |
| Language: | eng |
| Abstract: | The "neglected-firm effect" suggests that securities that analysts ignore offer higher returns (a "neglect premium") than securities that analysts follow and scrutinize heavily. Using a large and recent sample of securities, the authors reinvestigated the neglected-firm effect. Controlling for capitalization, the authors found no evidence of a neglect premium. Investors attempting to exploit the neglected-firm effect during the past 14 years are likely to have been disappointed. |
« previous | next »
SCIMA