Probability of Loss Reversal in Australia
Investors in loss firms assess the likelihood of these firms reverting to profit (i.e. loss reversal). This research examines the factors useful for predicting future loss reversal in the Australian market. Specifically, it focuses on loss firms’ investment activities, in addition to factors examined in previous US literature. The results show that when the level of investment in specialised assets, such as mineral exploration and research and development, is high relative to fixed-asset...[Show more]
|Collections||ANU Research Publications|
|Source:||Australian Journal of Management|
|01_Wu_Probability_of_Loss_Reversal_2017.pdf||472.5 kB||Adobe PDF||Request a copy|
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