Do Stock Returns Really Decrease with Default Risk? New International Evidence.

Kevin Aretz Chris Florackis Alexandros Kostakis

Published in: Manag. Sci. (2018)

Keyphrases

stock returns
panel data
stock market
cross sectional
stock price
developed countries
chinese stock market
risk management
stock data
financial markets
financial time series
decision making
financial data
corporate governance
cash flow
developing countries
life cycle
learning process