Results 101 to 110 of about 17,534 (244)
Explanation of Capital Asset pricing: Comparison between Models [PDF]
بررسیهای حسابداری و حسابرسی, 2010 In this paper, we will intend to introduce a new model of capital asset pricing model which is called Revised Capital Asset Pricing Model. First we calculate degree of economic leverage. We investigate five economical variables (Inflation rate, financial
Fraydon Rahnamay Roodposhti +1 more
doaj
Beta Forecasting With Realized Beta Estimators and Machine Learning Algorithms
Journal of Forecasting, Volume 45, Issue 8, Page 3679-3709, December 2026.ABSTRACT This paper applies machine learning algorithms to the modeling of realized betas for the purposes of forecasting stock systematic risk. Higher levels of beta forecast accuracy are demonstrated, relative to other studies in the literature. These improvements are also highly significant, both statistically and economically.
Bao Doan +3 more
wiley +1 more source
The Influence of ESG Controversies on Financing Costs for European Companies: Does Culture Matter?
Business Strategy and the Environment, Volume 35, Issue 7, Page 9259-9281, November 2026.ABSTRACT This study examines the relationship between environmental, social, and governance (ESG) controversies and corporate financing costs, focusing on the moderating effect of national culture. It analyzes European companies listed on the STOXX 600 Index from 2016 to 2023.
Souad Brinette +2 more
wiley +1 more source
Interest Term Premiums and C-CAPM: A Test of a Parsimonious Model [PDF]
This paper proposes a consumption-based model that accounts for term premiums of the nominal term structure of interest rates. The driving force behind the model is the looking at the ex ante term premium.
Jessica Fouilloux +1 more
core
Revisiting industry effects: The assignment of firms to industries
Strategic Management Journal, Volume 47, Issue 11, Page 2871-2900, November 2026.Abstract Research Summary Strategy research examines the drivers of firm performance. Variance decomposition studies have analyzed industry's impact, with little attention paid to the industry to which a firm is assigned. This study investigates how industry assignment affects the findings about industry's impact.
Alireza Eshraghi, Bart S. Vanneste
wiley +1 more source
Non-standardized form of CAPM and stock returns [PDF]
Emerging markets like Pakistan confront with the problem to validate the CAPM in its original form. Since standard form of this model has unrealistic assumptions, different non-standardized forms have been introduced by different researchers.
Muhammad, Irfan
core
From Regression to Reasoning: Predicting M&A Announcement Returns With Large Language Models
European Financial Management, Volume 32, Issue 5, Page 1453-1503, November 2026.ABSTRACT This study investigates whether large language models (LLMs) can predict short‐term market reactions to M&A announcements. We prompt OpenAI's latest reasoning models (o3, GPT‐5, and GPT‐5.1) to forecast whether the combined market value of acquirer and target will increase or decrease, drawing on deal‐, firm‐, and macroeconomic data for large ...
Maximilian Schreiter +2 more
wiley +1 more source
Testing Multi-Factor Asset Pricing Models in the Visegrad Countries [PDF]
There is no consensus in the literature as to which model should be used to estimate stock returns and the cost of capital in the emerging markets. The Capital Asset Pricing Model (CAPM), which is most often used for this purpose in the developed markets,
Borys, Magdalena Morgese Borys
core
Is CAPM a Behavioral Model? Estimating Sentiments from Rationalism
, 2018 The authors investigate the role of investor sentiment in asset pricing. In particular, they explore whether this investor sentiment has the ability to be predicted by the residuals from the capital asset pricing model (CAPM).
Rehman, Mobeen Ur +3 more
core +1 more source
Burden the Hand: Regulatory Intensity and Payout Policy
European Financial Management, Volume 32, Issue 5, Page 1400-1418, November 2026.ABSTRACT We investigate the impact of regulatory intensity on firms' payout policies. While regulations may increase budgetary pressure, leading to decreased payout, we document that regulatory burden increases total payout, especially in the form of dividends.
Yahia Abdelbar +3 more
wiley +1 more source