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Financial Analysts Journal· Francesco Franzoni Daniel Obrycki Rafael Resendes Francesco Franzoni is Professor of Finance at US/Lugano and Research Fellow at CEPR, Lugano, Switzerland.Daniel Obrycki is a partner at The Applied Finance Group, Chicago, Illinois.Rafael Resendes is a partner at The Applied Finance Group, Chicago, Illinois.·· 2026-07-01AI Score22

Combining Profitability and Investment: The Wealth Creation Effect in Stock Returns

Profitability Meets Investment: The Wealth Creation Effect in Stock Returns

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This study focuses on the wealth creation effect in stock returns, exploring how the combination of profitability and investment behavior affects stock returns. The article is published in the Financial Analysts Journal, Vol. 82, No. 3, Q3 2026, pp. 78-110.

Source:Financial Analysts Journal · tandfonline.com

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