Anomalies and financial distress

D Avramov, T Chordia, G Jostova, A Philipov - Journal of Financial …, 2013 - Elsevier
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 …

Does financial distress risk drive the momentum anomaly?

V Agarwal, R Taffler - Financial Management, 2008 - Wiley Online Library
… 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 …

Financial distress, corporate takeovers and the distress anomaly

SE Kozlowski, MR Puleo - Managerial Finance, 2021 - emerald.com
… 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 …

Relationship between market anomalies and financial distress of listed firms in NSE, Kenya

CJ Roche - 2021 - ir.jkuat.ac.ke
… and size effect anomalies have a relationship with financial distress of … to the market anomalies,
firms experience financial distress. … challenges like; financial restructures, receiverships, …

Financial distress, market anomalies and single and multifactor asset pricing models: New evidence

SI Hussain, S Toms, S Diacon - Market Anomalies and Single and …, 2002 - papers.ssrn.com
… 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 …

[PDF][PDF] Asset-Pricing Anomalies and Financial Distress

D Avramov, T Chordia, G Jostova… - Review of Financial …, 2009 - efmaefm.org
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, …

[PDF][PDF] Fundamental anomalies and firms financial distress; Evidence from Nairobi Securities Exchange, Kenya

R Charles, O Tobias, N Tabitha - Journal of Applied Finance and …, 2021 - scienpress.com
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 …

Distress risk anomaly and misvaluation

CK Andreou, N Lambertides, PM Panayides - The British Accounting …, 2021 - Elsevier
… 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 is deeper than you think: Evidence from stocks and bonds

D Avramov, T Chordia, G Jostova… - … of Finance, 2022 - academic.oup.com
… 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 …

Empirical Study of Finance Distress Prediction Based on Accounting anomalies

Y Wang, L Zhou - 2021 2nd International Conference on Big …, 2021 - ieeexplore.ieee.org
… accounting anomaly indicators to find out the abnormal depreciation figures, exaggerated
account receivable and deteriorating financial conditions, so as to carry out financial warning. …