Financially Constrained Stock Returns
收藏NBER2006-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w12555
下载链接
链接失效反馈官方服务：
资源简介：
More financially constrained firms are riskier and earn higher expected returns than less financially constrained firms, although this effect can be subsumed by size and book-to-market. Further, because the stochastic discount factor makes capital investment more procyclical, financial constraints
提供机构：
美国国家经济研究局
创建时间：
2006-10-01
