A Return Based Measure of Firm Quality
收藏NBER2020-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w27859
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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.
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美国国家经济研究局创建时间：
2020-09-01
