A STUDY OF INFLUENTIAL FACTORS IN STOCK RETURNS AND PROFITABILITY IN THE TEHRAN STOCK EXCHANGE (TSE): GMM & GLS MODELS

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

MESHKI M.

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: Journal of Accounting Advances Year:2011 | Volume:3 | Issue:1 (60/3) Page(s): 14-17

Download Full-Text

View:

334

Download:

146

Cites:

Information Journal Paper

Title

A STUDY OF INFLUENTIAL FACTORS IN STOCK RETURNS AND PROFITABILITY IN THE TEHRAN STOCK EXCHANGE (TSE): GMM & GLS MODELS

Author(s)

MESHKI M. | Issue Writer Certificate

Keywords

STOCK RETURN

PROFITABILITY

GMM AND GLS MODELS

INSTRUMENTAL VARIABLES

Abstract

Introduction: The capital asset pricing model (CAPM) of Sharpe (1964) and Lintner (1965) was the most widely recognized explanation of stock prices and expected returns. It gives a prediction of risk of an asset or a portfolio and its expected return which thereby helps in evaluating potential returns of investments.Fama and French (1992) found that the cross section of average STOCK RETURNs for the period 1963-1990 for US stocks is not fully explained by the CAPM beta and that stock risks are multidimensional. Two of these dimensions of risk, they suggest, are proxied by size and the ratio of book value of common equity to its market value (BE/ME). Fama and French (1993) came up with a model for explaining STOCK RETURNs using three factors: market, book to market, and size. This model was supportive of Banz (1981) who claimed that ‘size effect’ was present for more than 40 years and that the CAPM was misspecified ....

Cites

No record.

References

No record.

Cite

APA: Copy

MESHKI, M.. (2011). A STUDY OF INFLUENTIAL FACTORS IN STOCK RETURNS AND PROFITABILITY IN THE TEHRAN STOCK EXCHANGE (TSE): GMM & GLS MODELS. JOURNAL OF ACCOUNTING ADVANCES (JAA) (JOURNAL OF SOCIAL SCIENCES AND HUMANITIES), 3(1 (60/3)), 14-17. SID. https://sid.ir/paper/569790/en

Vancouver: Copy

MESHKI M.. A STUDY OF INFLUENTIAL FACTORS IN STOCK RETURNS AND PROFITABILITY IN THE TEHRAN STOCK EXCHANGE (TSE): GMM & GLS MODELS. JOURNAL OF ACCOUNTING ADVANCES (JAA) (JOURNAL OF SOCIAL SCIENCES AND HUMANITIES)[Internet]. 2011;3(1 (60/3)):14-17. Available from: https://sid.ir/paper/569790/en

IEEE: Copy

M. MESHKI, “A STUDY OF INFLUENTIAL FACTORS IN STOCK RETURNS AND PROFITABILITY IN THE TEHRAN STOCK EXCHANGE (TSE): GMM & GLS MODELS,” JOURNAL OF ACCOUNTING ADVANCES (JAA) (JOURNAL OF SOCIAL SCIENCES AND HUMANITIES), vol. 3, no. 1 (60/3), pp. 14–17, 2011, [Online]. Available: https://sid.ir/paper/569790/en

Related Journal Papers

No record.

Related Seminar Papers

No record.

Related Plans

No record.

Recommended Workshops