Are Firms in "Boring" Industries Worth Less?
收藏NBER2015-01-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w20880
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资源简介:
Using theories from the behavioral finance literature to predict that investors are attracted to industries with more salient outcomes and that therefore firms in such industries have higher valuations, we find that firms in industries that have high industry-level dispersion of profitability have
提供机构:
美国国家经济研究局
创建时间:
2015-01-01



