Investigating the Effect of Relative Firms Profitability on Stock Return Sensitivity to Industry-Level News
Relative firm profitability within industry as a measure of competitiveness reflects the business strengths and weaknesses of the firm, and affects the reaction of stock returns to industry-level news. Relative profitability is affected by operational decisions of the firm that is associated with th...
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| Format: | article |
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| Language: | FA |
| Published: |
Shahid Bahonar University of Kerman
2014
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| Subjects: | |
| Online Access: | https://doaj.org/article/e02e86e6e3a645f7afd85736fae94084 |
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