… anomalies. In particular, we assess implications of financial distress for the profitability of
anomaly… firms that survive financial distress and subsequently realize high returns. The accruals …

… risk and the medium-term continuation of prior returns market anomalies, the original … is
to provide a potential distress factor explanation for the momentum anomaly. There is a lack of …

… and the CHS measure of financial distress, we find evidence consistent with the agency
conflicts hypothesis, as the underperformance of distressed stocks is concentrated in firms with …

… and size effect anomalies have a relationship with financial distress of … to the market anomalies,
firms experience financial distress. … challenges like; financial restructures, receiverships, …

… We conclude that the distress premium is real and the three-… sample, the value premium has
been attributed to financial distress … be symptomatic of financial distress, but may also reflect …

… anomalies in a unified framework. In particular, we assess implications of financial distress
for the profitability of anomaly-… Such distressed firms are highly illiquid and hard to short sell, …

… anomaly, then firms tend to exhibit financial distress. Thus fundamental anomaly and financial
distress … that importantly to note is the financial distress and not poor performance which is …

… with financial distress. Overall, evidence shows that stock mispricing and financial distress
are … , something that needs further investigation in the context of the distress anomaly. …

… The distress anomaly reflects the abnormally low returns of high credit risk stocks during
financial distress. Evidence from stocks and corporate bonds reinforces the anomaly and …

… accounting anomaly indicators to find out the abnormal depreciation figures, exaggerated
account receivable and deteriorating financial conditions, so as to carry out financial warning. …