Four Essays on the Relation between Distress Risk and Equity Returns
Veröffentlichungsdatum
2017-09-28
Autoren
Betreuer
Gutachter
Zusammenfassung
The central question of this thesis is whether firm distress risk explains stock returns. This question is important because it has been suspected that distress risk might reconcile a growing evidence on patterns in returns, which are otherwise hard to explain, with conventional economic theory. The actual empirical work is presented in four papers in the annex of this document.
Schlagwörter
Asset Pricing
;
Default Risk
Institution
Fachbereich
Dokumenttyp
Dissertation
Zweitveröffentlichung
Nein
Sprache
Englisch
Dateien![Vorschaubild]()
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00106107-1.pdf
Size
2.65 MB
Format
Adobe PDF
Checksum
(MD5):f1827686c91fb84c34ae36a820f15630