... market returns. They find that returns are, in fact, significantly affected by the level of daylight through the fall and winter months. Steven D. Dolvin can be contacted at: sdolvin@butler.edu © Emerald Group Publishing Limited 2007 Behaviour Stock markets Risk analysis Assets...

...: (Equation 2) Bixia Xu can be contacted at: bxu@wlu.ca © Emerald Group Publishing Limited 2007 Rate of return Risk analysis Assets management Beginning with Anthony and Ramesh (1992) , a line of empirical financial accounting research has focused on better understanding...