Results 101 to 110 of about 15,156 (192)
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
Modeling Downside Risks for China's Security Markets: Does Greenness Make Bonds a Safer Haven?
Scottish Journal of Political Economy, EarlyView.ABSTRACT Motivated by its current defective governance regime and institutional characteristics of green finance, this study models Value‐at‐Risk and Expected Shortfall of security markets for China. We extend Patton et al.'s (2019) models by introducing four exogenous risk factors including China's climate policy uncertainty (CCPU).
Xiao‐Ming Li
wiley +1 more source
Portfolio Analysis and Zero-Beta CAPM with Heterogeneous Beliefs [PDF]
With the standard mean variance framework, by assuming heterogeneity and bounded rationality of investors, this paper examines their impact on the market equilibrium and implications to the portfolio analysis.
Xue-Zhong He, Lei Shi
core
Review of Financial Economics, Volume 44, Issue 4, October 2026.Abstract This study examines whether dual‐class governance affects how investors and firms respond to major capital allocation decisions. Using U.S.‐listed firms from 2014 to 2025, we analyze share repurchases and M&A transactions in which dual‐class firms act as acquirers or targets.
Bruno Fiesenig +2 more
wiley +1 more source
A Theoretical Extension of the Consumption-based CAPM Model [PDF]
We extend the Consumption-based CAPM (C-CAPM) model for representative agents with different risk attitudes. We introduce the concept of expectation dependence and show that for a risk averse representative agent, it is the first-degree expectation ...
Jingyuan Li, Georges Dionne
core
Application of the Beta Coefficient in the Market of Direct residential Real Estate Investments
Real Estate Management and Valuation, 2014 The beta coefficient is one of the most popular indices used in contemporary finances. Despite the fact that there are justified doubts connected with its application, it is currently difficult to imagine a situation in which the cost of capital would be
Wolski Rafał
doaj +1 more source
Impact Investing With Shareholder Engagement
Mathematical Finance, Volume 36, Issue 4, Page 700-715, October 2026.ABSTRACT In this paper, we study the impact of shareholder engagement on asset prices and corporate practices. We develop a dynamic equilibrium model where heterogeneous green investors choose their optimal asset allocation and costly engagement efforts, and a representative firm sets its greenhouse gas (GHG) emissions to minimize both its cost of ...
Jean‐François Chassagneux +2 more
wiley +1 more source
Testing CAPM model and creating optimal portfolios
, 2013 A dolgozatom központi témája a Markowitz-i portfolió elmélet és az ezen alapuló tőkepiaci árazási modell mélyebb megismerése és gyakorlati alkalmazásának tesztelése.
Göblyös, Anna Edina
core
CAPM tests and alternative factor portfolio composition: getting the alphas right. [PDF]
We show that the results of a CAPM test are quite sensitive to the details of the test design. Especially crucial are the aspects related to the weight one gives to small, low-reputation stocks when constructing both the factor portfolios and the test or
De Moor, Lieven, Sercu, Piet
core +2 more sources
Organizational Resilience to Exogenous Shocks: The Role of Environmental Performance
Business Strategy and the Environment, Volume 35, Issue 6, Page 8473-8489, September 2026.ABSTRACT This research examines the influence of environmental performance on organizational resilience during an exogenous shock. Drawing on the natural resource–based view, a sample of 3920 firms from 11 sectors and 19 countries is analyzed. This study employs OLS regressions and Cox proportional hazard models to test the effect of environmental ...
Tim Schroll
wiley +1 more source