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Asset pricing implications of good governance
In this paper, I aim to explore the effect of good governance on equity returns, and empirically investigate if governance at the country level has asset pricing implications and contributes to the idiosyncrasy of price jumps. Jumps are found to be far less systematic than the smooth (non-jump) comp...
Autor principal: | Lehnert, Thorsten |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Public Library of Science
2019
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6450623/ https://www.ncbi.nlm.nih.gov/pubmed/30951552 http://dx.doi.org/10.1371/journal.pone.0214930 |
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