Kenneth R. French

Research topics

• Financial Markets and Investment Strategies · 3 papers
• Corporate Finance and Governance · 2 papers
• Auditing, Earnings Management, Governance · 1 paper
• Stock Market Forecasting Methods · 1 paper
• Financial Reporting and Valuation Research · 1 paper
• Capital Investment and Risk Analysis · 1 paper

Frequent co-authors

• Eugene F. Fama · 3 papers

Papers

1. The Cross‐Section of Expected Stock ReturnsThe Journal of Finance · 1992 · 15,079 citations

   ABSTRACT Two easily measured variables, size and book‐to‐market equity, combine to capture the cross‐sectional variation in average stock returns associated with market β , size, leverage, book‐to‐market equity, and earnings‐price ratios. Moreover, when the tests allow for variation in β…

2. Multifactor Explanations of Asset Pricing AnomaliesThe Journal of Finance · 1996 · 6,545 citations

   ABSTRACT Previous work shows that average returns on common stocks are related to firm characteristics like size, earnings/price, cash flow/price, book‐to‐market equity, past sales growth, long‐term past return, and short‐term past return. Because these patterns in average returns apparently are…

3. Industry costs of equityJournal of Financial Economics · 1997 · 6,236 citations

   Abstract Estimates of the cost of equity for industries are imprecise. Standard errors of more than 3.0% per year are typical for both the CAPM and the three-factor model of Fama and French (1993). These large standard errors are the…