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Author:Piotroski, J.D.
Title:Value investing: the use of historical financial statement information to separate winners from losers
Journal:Journal of Accounting Research
2000 : VOL. 38: SUPPLEMENT, p. 1-51
Index terms:CAPITAL MARKETS
FINANCIAL STATEMENTS
MARKET EFFICIENCY
Language:eng
Abstract:This paper examines whether a simple accounting-based fundamental analysis strategy, when applied to a broad portfolio of high book-to-market firms, can shift the distribution of returns earned by an investor.
SCIMA record nr: 226101
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