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Tekijä: | Piotroski, J.D. |
Otsikko: | Value investing: the use of historical financial statement information to separate winners from losers |
Lehti: | Journal of Accounting Research
2000 : VOL. 38: SUPPLEMENT, p. 1-51 |
Asiasana: | CAPITAL MARKETS FINANCIAL STATEMENTS MARKET EFFICIENCY |
Kieli: | eng |
Tiivistelmä: | 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