Keywords: Equity issuers
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Journal Articles
Critical Finance Review (2025) 14 (3): 329–355.
Published: 30 June 2025
... of the Fama and French and q5-factor firm-level characteristics have not worked for large capitalization firms for quite a long time (i.e., 1983–2021). Small firms comprising less than 8% of the total market capitalization drive the patterns of the factor models. This paper also reexamines equity issuer...

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