Essays about: "Parham Abuhamzeh"

Found 1 essay containing the words Parham Abuhamzeh.

  1. 1. Distress Risk - Quality or Junk? Nordic evidence on the ability of distress risk to explain variations in stock returns

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Parham Abuhamzeh; Axel Malgerud; [2015]
    Keywords : Distress Anomaly; Probability of Failure; Cross Section; Asset Pricing Models; Stock Price Reaction;

    Abstract : The risk-return paradigm suggests there should be a positive association between distress risk (i.e. the probability of firm failure) and subsequent excess stock returns. However, we present puzzling evidence suggesting investors are not compensated for taking on additional distress risk. READ MORE