A Return Based Measure of Firm Quality
收藏NBER2020-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w27859
下载链接
链接失效反馈官方服务：
资源简介：
We show that superior performance relative to peers during stressful times identifies higher quality firms as measured by conventional historical financial statement based measures as well as default probability measures. Quality measured this way is persistent, but different from price momentum.
提供机构：
美国国家经济研究局
创建时间：
2020-09-01
