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Performance of Value and Growth Stocks in the Aftermath of the Global Financial Crisis

Author

Listed:
  • Bevanda Lea-Marija

    (Proventis Partners GmbH, Munich)

  • Zaimović Azra
  • Arnaut-Berilo Almira

    (The University of Sarajevo, School of Economics and Business)

Abstract

Background: Due to strong empirical evidence from different markets, existence of value premium became a financial theory standpoint. Although previous studies found that value stocks beat growth stocks in bearish and bullish markets, during the GFC, value stocks underperformed growth stocks.

Suggested Citation

  • Bevanda Lea-Marija & Zaimović Azra & Arnaut-Berilo Almira, 2021. "Performance of Value and Growth Stocks in the Aftermath of the Global Financial Crisis," Business Systems Research, Sciendo, vol. 12(2), pages 268-283, December.
    • Handle: RePEc:bit:bsrysr:v:12:y:2021:i:2:p:268-283:n:1
    DOI: 10.2478/bsrj-2021-0032
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    value premium; Dow Jones Industrial Average; investment strategies; naïve diversification;
    All these keywords.

    JEL classification:

    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
    • G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
    • G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading

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