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
This paper brings together the evidence on two asset pricing anomalies-continuation of prior returns...
© 2012 Dr. Tse Chuan AngEssay 1. Understanding the Dist...
This study examines the link between financial distress and market performance of firm in the form o...
The central question of this thesis is whether firm distress risk explains stock returns. This quest...
If financial distress risk can be accurately predicted, the stock price of high distress risk compan...
This paper examines the effects of misvaluation on the well-documented negative relation between dis...
This paper investigates whether the potential for rent extraction due to shareholders' strategic act...
This paper explores the determinants of corporate failure and the pricing of financially distressed ...
This study uses 462,678 monthly observations of US-listed firms for the period 1990–2018 to document...
This paper explores the determinants of corporate failure and the pricing of financially distressed ...
A fundamental principle in the financial literature is that assets with exposure to systematic risk ...
PURPOSE OF THE STUDY This thesis aims to be the first paper to study comprehensively the full implic...
Financially distressed stocks in the United States earn puzzlingly low returns giving rise to the di...
In recent years, a number of papers have established a new empirical regularity. Stocks of distresse...
This paper brings together the evidence on two asset pricing anomalies-continuation of prior returns...
This paper brings together the evidence on two asset pricing anomalies-continuation of prior returns...
© 2012 Dr. Tse Chuan AngEssay 1. Understanding the Dist...
This study examines the link between financial distress and market performance of firm in the form o...
The central question of this thesis is whether firm distress risk explains stock returns. This quest...
If financial distress risk can be accurately predicted, the stock price of high distress risk compan...
This paper examines the effects of misvaluation on the well-documented negative relation between dis...
This paper investigates whether the potential for rent extraction due to shareholders' strategic act...
This paper explores the determinants of corporate failure and the pricing of financially distressed ...
This study uses 462,678 monthly observations of US-listed firms for the period 1990–2018 to document...
This paper explores the determinants of corporate failure and the pricing of financially distressed ...
A fundamental principle in the financial literature is that assets with exposure to systematic risk ...
PURPOSE OF THE STUDY This thesis aims to be the first paper to study comprehensively the full implic...
Financially distressed stocks in the United States earn puzzlingly low returns giving rise to the di...
In recent years, a number of papers have established a new empirical regularity. Stocks of distresse...
This paper brings together the evidence on two asset pricing anomalies-continuation of prior returns...
This paper brings together the evidence on two asset pricing anomalies-continuation of prior returns...
© 2012 Dr. Tse Chuan AngEssay 1. Understanding the Dist...
This study examines the link between financial distress and market performance of firm in the form o...