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Costly arbitrage and the myth of idiosyncratic risk

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  • Pontiff, Jeffrey

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  • Pontiff, Jeffrey, 2006. "Costly arbitrage and the myth of idiosyncratic risk," Journal of Accounting and Economics, Elsevier, vol. 42(1-2), pages 35-52, October.
    • Handle: RePEc:eee:jaecon:v:42:y:2006:i:1-2:p:35-52
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    27. Mashruwala, Christina & Rajgopal, Shivaram & Shevlin, Terry, 2006. "Why is the accrual anomaly not arbitraged away? The role of idiosyncratic risk and transaction costs," Journal of Accounting and Economics, Elsevier, vol. 42(1-2), pages 3-33, October.
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