Question
Many studies have shown that sin stocks, firms in the tobacco, alcohol and gam- ing industries, outperform (in terms of returns) similar other firms in
Many studies have shown that sin stocks, firms in the tobacco, alcohol and gam- ing industries, outperform (in terms of returns) similar other firms in less controversial industries. Would you consider this higher stock return an abnormal return? Why?
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Financial Accounting The Impact On Decision Makers
Authors: Gary A Porter, Curtis L Norton
7th Edition
1439080526, 9781439080528
