Browsing International Finance by Author "Ince, B."
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Price of regulations: Regulatory costs and the cross-section of stock returns
Ince, B.; Özsöylev, Han Nazmi (Oxford University Press, 2024-01)Regulations introduce significant fixed costs and add to operating leverage. Fixed regulatory costs that contribute to operating leverage should generate a risk premium. To explore whether such a premium exists, we introduce ...
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