... expected stock return 47 VI Accounting Quality, Factor Loading Uncertainty, and Expected Stock Return Introduction The relationship between accounting quality and expected stock returns ... increases in factor loading uncertainty Δ Factor loading uncertainty and expected stock return: Combining Eq (A1.3) and Eq (A1.7), we can have the relation between factor loading uncertainty and expected ... measure of factor loading uncertainty In examining the effects of accounting quality on factor loading uncertainty, we follow Armstrong, Banerjee and Corona (2013) and measure factor loading uncertainty...