Cash Operating Profitability Predicts Earnings Announcement Returns

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Academic paper

Why Does Operating Profitability Predict Returns? New Evidence on Risk versus Mispricing Explanations

AuthorsAnwer S. Ahmed; Michael Neel; Irfan Safdar

Institute
  • Texas A&M University
  • Texas A&M University - Mays Business School
  • University of North Texas
  • University of North Texas - Department of Accounting
  • Widener University

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