The large number of asset pricing models and empirical studies of stock returns are evidence of the desire to understand the return generating process of financ

This proceedings book features selected papers from the 9th National Scientific and Practical Conference “Digital Economy: Complexity and Variety Vs. Rational

Using a large international equity market database that has not been previously used for such a purpose, this paper documents that value (i.e., high book-to-mar

Generous consideration has been pursued to the empirical testing of multi factor assets pricing models. However, literature provides mixed kind of evidences in