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Decomposing value globally

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0 Published in 2020 at "Applied Economics"

DOI: 10.1080/00036846.2020.1739614

Abstract: ABSTRACT This paper utilizes an international context and revisits the findings which argue that the positive relation between book-to-market ratio and future equity returns is driven by historical changes in firm size in the US.… read more here.

Keywords: positive relation; firm size; changes firm; decomposing value ... See more keywords