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Volumn 63, Issue 251, 1996, Pages 369-382

Variation in expected stock returns: Evidence on the pricing of equities from a cross-section of UK companies

Author keywords

[No Author keywords available]

Indexed keywords

EQUITY PRICING; INDUSTRIAL PERFORMANCE; STOCK RETURNS;

EID: 0030404240     PISSN: 00130427     EISSN: None     Source Type: Journal    
DOI: 10.2307/2555012     Document Type: Article
Times cited : (31)

References (14)
  • 1
    • 0040197221 scopus 로고
    • The relationship between earnings yield, market value, and return for NYSE common stocks: Further evidence
    • BASU, S. (1983). The relationship between earnings yield, market value, and return for NYSE common stocks: further evidence. Journal of Financial Economics, 12, 129-56.
    • (1983) Journal of Financial Economics , vol.12 , pp. 129-156
    • Basu, S.1
  • 2
    • 0344839169 scopus 로고
    • Stock returns and the term structure
    • CAMPBELL, J. Y. (1987). Stock returns and the term structure. Journal of Financial Economics, 18, 373-99.
    • (1987) Journal of Financial Economics , vol.18 , pp. 373-399
    • Campbell, J.Y.1
  • 3
    • 84922463168 scopus 로고
    • Structural and return characteristics of small and large firms
    • CHAN, K. C. and CHEN, N-F. (1991). Structural and return characteristics of small and large firms. Journal of Finance, 46, 1467-84.
    • (1991) Journal of Finance , vol.46 , pp. 1467-1484
    • Chan, K.C.1    Chen, N.-F.2
  • 4
    • 84977703403 scopus 로고
    • Fundamentals and stock returns in Japan
    • CHAN, L., HAMAO, Y. and LAKONISHOK, J. (1991). Fundamentals and stock returns in Japan. Journal of Finance, 46, 1739-89.
    • (1991) Journal of Finance , vol.46 , pp. 1739-1789
    • Chan, L.1    Hamao, Y.2    Lakonishok, J.3
  • 5
    • 33749638253 scopus 로고
    • Risk measurement when shares are subject to infrequent trading
    • DIMSON, E. (1979). Risk measurement when shares are subject to infrequent trading. Journal of Financial Economics, 8, 197-226.
    • (1979) Journal of Financial Economics , vol.8 , pp. 197-226
    • Dimson, E.1
  • 7
    • 84977737676 scopus 로고
    • The cross-section of expected stock returns
    • FAMA, E. F. and FRENCH, K. R. (1992). The cross-section of expected stock returns. Journal of Finance, 47, 427-66.
    • (1992) Journal of Finance , vol.47 , pp. 427-466
    • Fama, E.F.1    French, K.R.2
  • 8
    • 38549147867 scopus 로고
    • Common risk factors in the returns on stocks and bonds
    • _ and _ (1993). Common risk factors in the returns on stocks and bonds. Journal of Financial Economics, 33, 3-56.
    • (1993) Journal of Financial Economics , vol.33 , pp. 3-56
  • 9
    • 0000928969 scopus 로고
    • Risk, return and equilibrium: Empirical tests
    • _ and MACBETH, J. (1973). Risk, return and equilibrium: empirical tests. Journal of Political Economy, 81, 607-36.
    • (1973) Journal of Political Economy , vol.81 , pp. 607-636
    • Macbeth, J.1
  • 10
    • 0001534103 scopus 로고
    • A test of the efficiency of a given portfolio
    • GIBBONS, M. R., Ross, S. A. and SHANKEN, J. (1989). A test of the efficiency of a given portfolio. Econometrica, 57, 1121-52.
    • (1989) Econometrica , vol.57 , pp. 1121-1152
    • Gibbons, M.R.1    Ross, S.A.2    Shanken, J.3
  • 12
    • 84979435949 scopus 로고
    • Forecasting stock returns: An examination of stock market trading in the presence of transaction costs
    • PESARAN, M. H. and TIMMERMANN, A. G. (1994). Forecasting stock returns: an examination of stock market trading in the presence of transaction costs. Journal of Forecasting, 13, 335-67.
    • (1994) Journal of Forecasting , vol.13 , pp. 335-367
    • Pesaran, M.H.1    Timmermann, A.G.2
  • 13
    • 0002158052 scopus 로고
    • Mean reversion in stock prices: Evidence and implications
    • POTERBA, J. M. and SUMMERS, L. H. (1988). Mean reversion in stock prices: evidence and implications. Journal of Financial Economics, 22, 27-59.
    • (1988) Journal of Financial Economics , vol.22 , pp. 27-59
    • Poterba, J.M.1    Summers, L.H.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.