Do companies in the pharmaceutical supply chain earn excess returns?
Sign Up to like & getrecommendations! Published in 2021 at "International Journal of Health Economics and Management"
DOI: 10.1007/s10754-020-09291-1
Abstract: Rising drug spending has led to increased calls to curtail drug costs. However, it is unclear where to target policy solutions. We estimated excess returns (the extent to which a firm’s profits are higher than… read more here.
Keywords: excess returns; supply chain; manufacturers middlemen; pharmaceutical supply ... See more keywords
Earnings acceleration and stock returns
Sign Up to like & getrecommendations! Published in 2020 at "Journal of Accounting and Economics"
DOI: 10.1016/j.jacceco.2019.101238
Abstract: Abstract We document that earnings acceleration, defined as the quarter-over-quarter change in earnings growth, has significant explanatory power for future excess returns. These excess returns are robust to a wide range of previously documented anomalies… read more here.
Keywords: stock returns; acceleration stock; excess returns; earnings acceleration ... See more keywords
Can foreign investors accurately operate and obtain excess returns? Evidence from China
Sign Up to like & getrecommendations! Published in 2023 at "Post-Communist Economies"
DOI: 10.1080/14631377.2023.2209301
Abstract: ABSTRACT This study examines the influence of foreign investors’ trading strategies on the earnings of China’s A-shares based on trading data from Shanghai-Shenzhen Stock Exchanges during the period of 2017 to 2020. The findings indicate… read more here.
Keywords: obtain excess; accurately operate; foreign investors; operate obtain ... See more keywords
Forecasting Excess Returns and Abnormal Trading Volume using Investor Sentiment: Evidence from Chinese Stock Index Futures Market
Sign Up to like & getrecommendations! Published in 2019 at "Emerging Markets Finance and Trade"
DOI: 10.1080/1540496x.2018.1564655
Abstract: ABSTRACT We examine the ability of investor sentiment to forecast excess returns and abnormal trading volumes in Chinese stock index futures market. Based on prior research on investor sentiment, we expect investor sentiment to forecast… read more here.
Keywords: sentiment; returns abnormal; excess returns; abnormal trading ... See more keywords
Macro Factors and Bond Returns in China
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DOI: 10.1080/1540496x.2021.1941860
Abstract: ABSTRACT As a central issue in macro-finance studies, the spanning hypothesis has always been the focus of research. Previous studies have focused on whether this hypothesis holds true in developed markets, while paying little attention… read more here.
Keywords: finance; bond returns; excess returns; emerging markets ... See more keywords
Mood Beta, Sentiment and Stock Returns in China
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DOI: 10.1177/21582440221079873
Abstract: We examine the cross-sectional seasonality of stock excess returns in China. We find that stocks’ historical excess returns are positively related to their future excess returns under a congruent-mood period and negatively associated with their… read more here.
Keywords: mood beta; returns china; mood; excess returns ... See more keywords