This paper tests the validity of the q-factor model on stocks listed on the Karachi Stock
Exchange in Pakistan. The q-factor model is an investment-based factor model that explains …

In the past two decades many researchers have used some kinds of factor models for
explanation of stock returns. The aim of this study is comparing the explanatory power of two …

Purpose The main purpose of this study is to examine the role of quality as a determinant of
a cross-sectional variation in country-level stock returns. The study attempts to address the …

This study investigates the effects of stock anomalies on excess stock and unexplained
returns of multifactorial models in the companies listed at the Tehran Stock Exchange. We …

Stock return is one of the basic concepts in the corporate finance paradigm that has several
applications in corporate finance, one of these applications is the role of stock return in …

Due to the complexity of financial markets and specialization of investment, the investors in
financial markets need tools, methods and models by which they can choose the best …

The latest development in the asset pricing literature is the emergence of empirical asset
pricing models comprising q‐factors (profitability and investment factors) in conjunction with …

Bu çalışmada amaç, 2000-2020 dönemini kapsayan 21 yıllık dönemde BIST'de işlem gören
payların oluşturduğu 13 ayrı endekste Ocak ayı anomalisi olup olmadığının araştırılmasıdır …

Objective: Identifying the correct asset pricing model has long been an important topic in the
thematic literature of financial economics. Such a model not only explains stock returns but …

Does beta died in Emerging Market? CAPM is and old theory that used to be taught in most
of business school today. This model was the foundation for understanding risk and return …