Results 111 to 120 of about 1,211,501 (366)
An Evaluation of CAPM’s validity in the Romanian Stock Exchange
Journal of Applied Computer Science & Mathematics, 2015 The present study tries to test the validity of the capital asset pricing model (CAPM) in the Bucharest Stock Exchange Market from Romania. The tested period for this study covers 3 years from 2011 to 2013.
Camelia Colescu, Elena-Ariadna Papuc
doaj
Macroscopic theorem of the portfolio optimization problem with a risk-free asset [PDF]
arXiv, 2019 The investment risk minimization problem with budget and return constraints has been the subject of research using replica analysis but there are shortcomings in the extant literature. With respect to Tobin's separation theorem and the capital asset pricing model, it is necessary to investigate the implications of a risk-free asset and examine its ...
arxiv
Business Strategy and the Environment, EarlyView.ABSTRACT Over the past two decades, eco‐innovation (EI) has emerged as a priority for both national and international public authorities due to its potential to drive sustainable development and enhance resilience in business and regional contexts.
Beatriz Forés
wiley +1 more source
Project selection and equivalent CAPM-based investment criteria [PDF]
This article shows that the Capital Asset Pricing Model-based capital budgeting criteria proposed by Tuttle and Litzenberger (1968), Mossin (1969), Hamada (1969), Stapleton (1971), Rubinstein (1973), Bierman and Hass (1973) and Bogue and Roll (1974) are ...
Magni, Carlo Alberto
core +1 more source
Studi Pembandingan Model Penilaian Aset: Model Tiga Faktor Fama dan French dengan Capital Asset Pricing Model pada Bursa Efek Indonesia [PDF]
, 2011 This research is replicated from Homsud, et al’s research (2009) and has modified by researcher. This research concern with the issue of Fama and French Three Factor Model validity to predict stock return in Indonesian Stock Exchange better than Capital ...
ARDIYANTO, Moh. Didik +1 more
core
An Analysis of the Impact of Selected Factors on the Bond Market
Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 2018 Exchange rate risk is important factor for the valuation of capital asset on international markets. According to the International Arbitrage Pricing Theory currency movements affect the prices of capital assets and associated risk premiums.
Blanka Francová
doaj +1 more source
A two-Factor Asset Pricing Model and the Fat Tail Distribution of Firm Sizes [PDF]
arXiv, 2007 In the standard equilibrium and/or arbitrage pricing framework, the value of any asset is uniquely specified from the belief that only the systematic risks need to be remunerated by the market. Here, we show that, even for arbitrary large economies when the distribution of the capitalization of firms is sufficiently heavy-tailed as is the case of real ...
arxiv
Trading Volume: Implications of an Intertemporal Capital Asset Pricing Model [PDF]
, 2001 Andrew W. Lo, Jiang Wang
openalex +1 more source
The game-theoretic capital asset pricing model
International Journal of Approximate Reasoning, 2008 AbstractUsing Shafer and Vovk’s game-theoretic framework, we derive a capital asset pricing model from an efficient market hypothesis, with no assumptions about the beliefs or preferences of investors. Our efficient market hypothesis says that a speculator with limited means cannot beat a particular index by a substantial factor.
Vladimir Vovk, Glenn Shafer
openaire +2 more sources
Sustainability Performance and Its Impact on Financial Distress Risk—Evidence From STOXX Europe 600
Business Strategy and the Environment, EarlyView.ABSTRACT Sustainability performance (SP) has emerged as a central topic on both corporate and political agendas worldwide. This study investigated the relationship between SP and financial distress risk (FDR) among European listed firms, addressing the growing importance of SP in financial decision‐making.
Marcel Seefloth +4 more
wiley +1 more source