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Asset growth and stock return: evidence in the Brazilian market

Empirical evidence suggests that firms which have experienced fast growth, through increased external funding and by making capital investments and acquisitions, tend to show bad operating performance and lower stock returns, whereas firms that have experienced contraction, through divestiture, shar...

Ausführliche Beschreibung

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Veröffentlicht in:Revista Contabilidade & Finanças - USP
Hauptverfasser: Márcio André Veras Machado, Robert William Faff
Format: Artigo
Sprache:Inglês
Veröffentlicht: Universidade de São Paulo 2018
Schlagworte:
Online Zugang:https://www.redalyc.org/articulo.oa?id=257157799007
https://www.redalyc.org/journal/2571/257157799007/
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https://www.redalyc.org/journal/2571/257157799007/257157799007.epub
https://www.redalyc.org/journal/2571/257157799007/movil
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