Why Does the Change in Shares Predict Stock Returns?

By Federal Reserve Board

The stock of firms that issue equity has, on average, performed poorly in subsequent years, while the stock of firms that repurchase has typically done well. One explanation for this pattern is that... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 1530973740
• ISBN13: 9781530973743
• Release Date: April 2016
• Publisher: Createspace Independent Publishing Platform
• Length: 44 Pages
• Weight: 0.28 lbs.
• Dimensions: 0.1" x 8.5" x 11.0"