Keywords: M41
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Journal Articles
Critical Finance Review (2024) 13 (1-2): 1–44.
Published: 14 February 2024
.... Hund, Donald Monk, and Sheri Tice 2024 John E. Hund, Donald Monk, and Sheri Tice Licensed re-use rights only Diversification discount Organizational structure Valuation Matching G32 G34 M41 The seminal works of Berger and Ofek (1995) and Lang and Stulz (1994) garnered...
Journal Articles
Critical Finance Review (2022) 11 (2): 265–297.
Published: 03 May 2022
...-to-book ratio Value index fund G12 M41 O3 Does the book value of a company on its balance sheet provide value relevant information for investors? Prior research shows that the book-to-market (B/M) ratio can explain the cross-sectional variation in stock returns (e.g., Asness and Frazzini...
Journal Articles
Critical Finance Review (2022) 11 (2): 333–360.
Published: 03 May 2022
... investing Growth investing Hedged portfolio Intangibles R&D Market-to-book ratio Credit crisis E32 G11 M41 Value investing is about finding diamonds in the rough by going long on low-valued (“value”) stocks and shorting highly valued (“glamour”) equities, thereby capturing...

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