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- URN to cite this document:
- urn:nbn:de:bvb:355-epub-440197
- DOI to cite this document:
- 10.5283/epub.44019
Abstract
Almost 20 years after its publication, Piotroski’s (J Account Res 38:1–41, 2000) FSCORE, the composite measure of the firm’s fundamental strength remains a strong predictor of subsequent stock returns and future profitability in international markets over the 2000–2018 period. Across developed non-US countries as well as emerging countries, high-FSCORE firms significantly outperform low-FSCORE ...
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