메뉴 건너뛰기




Volumn 51, Issue 5, 1996, Pages 1715-1742

Expectations and the cross-section of stock returns

(1)  La Porta, Rafael a  

a NONE

Author keywords

[No Author keywords available]

Indexed keywords


EID: 0039470462     PISSN: 00221082     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.1540-6261.1996.tb05223.x     Document Type: Article
Times cited : (504)

References (28)
  • 2
    • 0010023511 scopus 로고
    • The relationship between return and market value of common stocks
    • Banz, Rolf W., 1981, The relationship between return and market value of common stocks, Journal of Financial Economics 6, 3-18.
    • (1981) Journal of Financial Economics , vol.6 , pp. 3-18
    • Banz, R.W.1
  • 3
    • 0040197221 scopus 로고
    • The relationship between earnings yield, market value, and return for NYSE common stocks: Further evidence
    • Basu, Sanjoy, 1983, The relationship between earnings yield, market value, and return for NYSE common stocks: Further evidence, Journal of Financial Economics 12, 129-156.
    • (1983) Journal of Financial Economics , vol.12 , pp. 129-156
    • Basu, S.1
  • 4
    • 84977705340 scopus 로고
    • Debt/equity ratio and expected common stock returns: Empirical evidence
    • Bhandari, Laxmi C., 1988, Debt/Equity ratio and expected common stock returns: Empirical evidence, Journal of Finance 43, 507-528.
    • (1988) Journal of Finance , vol.43 , pp. 507-528
    • Bhandari, L.C.1
  • 5
    • 0001748799 scopus 로고
    • Further evidence on the time-series properties of accounting income
    • Brooks, L., and D. Buckmaster, 1976, Further evidence on the time-series properties of accounting income, Journal of Finance 31, 1359-1373.
    • (1976) Journal of Finance , vol.31 , pp. 1359-1373
    • Brooks, L.1    Buckmaster, D.2
  • 6
    • 84922463168 scopus 로고
    • Structural and return characteristics of small and large firms
    • Chan, K. C., and Nai-fu Chen, 1991, Structural and return characteristics of small and large firms, Journal of Finance 46, 1467-1484.
    • (1991) Journal of Finance , vol.46 , pp. 1467-1484
    • Chan, K.C.1    Chen, N.-F.2
  • 9
    • 84900013243 scopus 로고
    • Does the stock market overreact?
    • De Bondt, Werner F. M., and Richard Thaler, 1985, Does the stock market overreact?, Journal of Finance 40, 793-805.
    • (1985) Journal of Finance , vol.40 , pp. 793-805
    • De Bondt, W.F.M.1    Thaler, R.2
  • 10
    • 84977703147 scopus 로고
    • Further evidence on investor overreaction and stock market seasonally
    • De Bondt, Werner F. M., and Richard Thaler, 1987, Further evidence on investor overreaction and stock market seasonally, Journal of Finance 42, 557-582.
    • (1987) Journal of Finance , vol.42 , pp. 557-582
    • De Bondt, W.F.M.1    Thaler, R.2
  • 12
    • 33749638253 scopus 로고
    • Risk measurement when shares are subject to infrequent trading
    • Dimson, Elroy, 1979, Risk measurement when shares are subject to infrequent trading, Journal of Financial Economics 7, 197-226.
    • (1979) Journal of Financial Economics , vol.7 , pp. 197-226
    • Dimson, E.1
  • 13
    • 84944837890 scopus 로고
    • An analysis of brokers' and analysts' unpublished forecasts of UK stock returns
    • Dimson, Elroy, and Paul Marsh, 1984, An analysis of brokers' and analysts' unpublished forecasts of UK stock returns, Journal of Finance 39, 1257-1292.
    • (1984) Journal of Finance , vol.39 , pp. 1257-1292
    • Dimson, E.1    Marsh, P.2
  • 14
    • 0000880130 scopus 로고
    • Discrete expectational data and portfolio performance
    • Elton, Edwin J., Martin J. Gruber, and Seth Grossman, 1986, Discrete expectational data and portfolio performance, Journal of Finance 41, 699-714.
    • (1986) Journal of Finance , vol.41 , pp. 699-714
    • Elton, E.J.1    Gruber, M.J.2    Grossman, S.3
  • 15
    • 84977737676 scopus 로고
    • The cross-section of expected stock returns
    • Fama, Eugene F., and Kenneth R. French, 1992, The cross-section of expected stock returns, Journal of Finance 46, 427-466.
    • (1992) Journal of Finance , vol.46 , pp. 427-466
    • Fama, E.F.1    French, K.R.2
  • 16
    • 84993845943 scopus 로고
    • Size and book-to-market factors in earnings and stock returns
    • Fama, Eugene F., and Kenneth R. French, 1995, Size and book-to-market factors in earnings and stock returns, Journal of Finance 50, 131-155.
    • (1995) Journal of Finance , vol.50 , pp. 131-155
    • Fama, E.F.1    French, K.R.2
  • 17
    • 0000928969 scopus 로고
    • Risk, return and equilibrium: Empirical tests
    • Fama, Eugene F., and James MacBeth, 1973, Risk, return and equilibrium: Empirical tests, Journal of Political Economy 81, 607-636.
    • (1973) Journal of Political Economy , vol.81 , pp. 607-636
    • Fama, E.F.1    MacBeth, J.2
  • 19
    • 84977717050 scopus 로고
    • Earnings yields, market values, and stock returns
    • Jaffe, Jeffrey, Donald B. Keim, and Randolph Westerfield, 1989, Earnings yields, market values, and stock returns, Journal of Finance 44, 135-148.
    • (1989) Journal of Finance , vol.44 , pp. 135-148
    • Jaffe, J.1    Keim, D.B.2    Westerfield, R.3
  • 20
    • 84993907227 scopus 로고
    • Returns to buying winners and selling losers: Implications for stock market efficiency
    • Jagadeesh, Narasimhan, and Sheridan Titman, 1993, Returns to buying winners and selling losers: Implications for stock market efficiency, Journal of Finance 48, 65-91.
    • (1993) Journal of Finance , vol.48 , pp. 65-91
    • Jagadeesh, N.1    Titman, S.2
  • 21
    • 58149417364 scopus 로고
    • On the psychology of prediction
    • Kahneman, Daniel, and Amos Tversky, 1973, On the psychology of prediction, Psychological Review 80, 237-251.
    • (1973) Psychological Review , vol.80 , pp. 237-251
    • Kahneman, D.1    Tversky, A.2
  • 22
    • 0001902216 scopus 로고
    • Intuitive prediction: Biases and corrective procedures
    • Kahneman, Slovic, and Tversky, eds. (Cambridge University Press, Cambridge)
    • Kahneman, Daniel, and Amos Tversky, 1982, Intuitive prediction: Biases and corrective procedures, in Kahneman, Slovic, and Tversky, eds.: Judgement Under Uncertainty: Heuristics and Biases (Cambridge University Press, Cambridge).
    • (1982) Judgement under Uncertainty: Heuristics and Biases
    • Kahneman, D.1    Tversky, A.2
  • 23
    • 0000021846 scopus 로고
    • Dividend yields and stock returns: Implications of abnormal January returns
    • Keim, Donald B., 1985, Dividend yields and stock returns: Implications of abnormal January returns, Journal of Financial Economics 14, 473-489.
    • (1985) Journal of Financial Economics , vol.14 , pp. 473-489
    • Keim, D.B.1
  • 24
    • 84993888629 scopus 로고
    • Another look at the cross-section of expected stock returns
    • Kothari, S. P., Jay Shanken, and Richard G. Sloan, 1995, Another look at the cross-section of expected stock returns, Journal of Finance 50, 185-224.
    • (1995) Journal of Finance , vol.50 , pp. 185-224
    • Kothari, S.P.1    Shanken, J.2    Sloan, R.G.3
  • 25
    • 84993869066 scopus 로고
    • Contrarian investment, extrapolation, and risk
    • Lakonishok, Josef, Andrei Shleifer, and Robert W. Vishny, 1994, Contrarian investment, extrapolation, and risk, Journal of Finance 49, 1541-1578.
    • (1994) Journal of Finance , vol.49 , pp. 1541-1578
    • Lakonishok, J.1    Shleifer, A.2    Vishny, R.W.3
  • 28
    • 0011183261 scopus 로고
    • Do brokerage analysts' recommendations have investment value?
    • Womack, Kent L., 1995, Do brokerage analysts' recommendations have investment value?, Journal of Finance 51, 137-168.
    • (1995) Journal of Finance , vol.51 , pp. 137-168
    • Womack, K.L.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.