Table 1 Portfolios created for this... | Emerald Publishing

Table 1

Portfolios created for this study

Book value	Market capitalization
Book value	Small	Big
Low	Small/Low (S/L)	Big/Low (B/L)
Medium	Small/Medium (S/M)	Big/Medium (B/M)
High	Small/High (S/H)	Big/High (B/H)

Source(s): Own estimations using data from Bloomberg