Abstract
Several studies show that small cap returns tend to behave differently from large cap returns (Banz, 1981; Chan and Chen, 1991). This fact suggests that diversifying into small cap stocks might improve portfolio performance. In fact, the main empirical evidence on small cap returns shows that small caps distinguish themselves from large caps due to economic and market related characteristics (for a literature review on this topic see Petrella, 2005).
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
