Downside Beta and Downside Gamma: In Search for a Better Capital Asset Pricing Model [PDF]
, 2021 Madiha Kazmi +3 more
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On the validity of the Capital Asset Pricing Model
THE LAHORE JOURNAL OF ECONOMICS, 2000 One of the most important developments of modern finance is the Capital Asset Pricing Model (CAPM) of Sharpe, Lintner and Mossin. Although the model has been the subject of several academic papers, it is still exposed to theoretical and empirical criticisms. The CAPM is based on Markowitz’s (1959) mean variance analysis.
openaire +1 more source
“Soft” Climate Change Exposure and Firm Performance Across Countries: Legitimacy Theory Perspective
Business Strategy and the Environment, EarlyView.ABSTRACT This paper examines the impact of a firm‐level ‘soft’ measure of climate change exposure on the performance of 6228 companies across 40 countries (2001–2021) using legitimacy theory. We find that the relationship between climate change and performance is contingent upon industry and the content of climate change exposure (opportunities ...
Naimat U. Khan, Mushtaq Hussain Khan
wiley +1 more source
Beauty and the bulls: the investment characteristics of paintings [PDF]
An examination of the investment and consumption characteristics of the paintings market between 1971 and 1984, using the capital asset pricing model.Investments ; Capital assets pricing ...
Michael F. Bryan
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Keputusan Berinvestasi dengan Menggunakan Metode Capital Asset Pricing Model (CAPM) pada Perusahaan Indeks LQ 45 Periode 2015 – 2019 [PDF]
, 2021 Elly Susanti +2 more
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Business Strategy and the Environment, EarlyView.ABSTRACT Artificial intelligence and big data are increasingly being integrated into sustainable entrepreneurship practices. Yet, conventional literature often neglects to critically examine their economic, environmental, and social implications. We conducted a systematic literature review to understand when, how, and for whom artificial intelligence ...
Nathanael Ojong
wiley +1 more source
Business Strategy and the Environment, EarlyView.ABSTRACT Improving carbon emission efficiency (CEE) is considered one of the most cost‐effective ways to enhance sustainability and address climate change mitigation in developing countries like India. This study analyzes manufacturing firms' CEE of sustainability initiatives (SI) and nonsustainability initiatives (non‐SI) and examines the effect of ...
Jahira Debbarma +2 more
wiley +1 more source
Asset pricing, habit memory, and the labor market [PDF]
This article studies the asset pricing and the business cycle implications of habit formation in a production economy with capital adjustment costs and endogenous labor supply. A specification of internal habit in the mix of consumption and leisure which
Jaccard, Ivan
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Analisis Perbandingan Capital Asset Pricing Model (CAPM) dengan Three Factors Pricing Model dalam Mengestimasi Return Saham (Pada Saham Perusahaan Non Keuangan Yang Terdaftar di Bursa Efek Indonesia) [PDF]
, 2018 This study examines the factors that influence the estimation of stock returns and compare the two asset pricing models, the Capital Asset Pricing Model and the Three Factors Pricing Model and obtain asset pricing models that can provide better stock ...
, Zulfa Irawati, SE, M.Si. +1 more
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Estimasi Parameter Capital Assets Pricing Model Dengan Metode Generalized Method of Moments Dalam Perhitungan Value At Risk [PDF]
, 2021 Diah Maghfiroh Wahyuni +2 more
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