Results 91 to 100 of about 216,288 (309)
On the Consequences of State Dependent Preferences for the Pricing of Financial Assets [PDF]
This paper introduces state dependent utility into the standard Mehra and Prescott (1985) economy by allowing the representative agent's coefficient of relative risk aversion to vary with the underlying economy's growth rate.
Christos Giannikos +3 more
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Business Strategy and the Environment, EarlyView.ABSTRACT This study examines sustainable entrepreneurship (SE) in emerging economies through the case of Black Cacau, a Brazilian bean‐to‐bar enterprise integrating agroforestry, direct trade, and Afro‐Brazilian cultural empowerment. Adapting the Patagonia‐based framework of Allal‐Chérif et al., the study explores how SE operates under conditions of ...
Marcelo Dionisio
wiley +1 more source
The Risk Premium for Equity: Explanations and Implications [PDF]
The equity premium puzzle shows that using standard parameters and setup, the Consumption-based Capital Asset Pricing Model's (CCAPM's) prediction of the premium associated with systematic risk is out by an order of magnitude.The object of this paper is ...
Grant, S., Quiggin, J.
core +1 more source
Assessing the relation between equity risk premium and macroeconomic volatilities in the UK [PDF]
, 2008 This paper uses the exponential GARCH-in-mean model to analyse the relationship between the equity risk premium and macroeconomic volatility. This premium depends upon conditional volatility, which is significantly affected by the long bond yield, acting
Kizys, Renatas, Spencer, P.
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Corporate Environmental Responsibility and Cost of Equity Capital: A Meta‐Analytical Review
Business Strategy and the Environment, EarlyView.ABSTRACT Despite extensive research on the relationship between corporate environmental responsibility (CER) and cost of equity capital (COEC), empirical evidence remains inconsistent. This study addresses these inconsistencies through a comprehensive meta‐analysis of 1139 effect sizes from 75 studies.
Robert Witte +2 more
wiley +1 more source
Eigenkapitalrisikopremien i Noreg 1914–2024
MagmaEg underviser i verdivurdering og må jamleg lage prognosar på kva risikofri rente og risikopremien vil vere i framtida. I denne studien prøver eg å navigere meg fram til gode estimat.
Kjell Henry Knivsflå
doaj +1 more source
Stare down the barrel and center the crosshairs: Targeting the ex ante equity premium [PDF]
The equity premium of interest in theoretical models is the extra return investors anticipate when purchasing risky stock instead of risk-free debt.
Glen Donaldson +2 more
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Investor Perceptions of Climate Policy: Insights From the US Inflation Reduction Act
Business Strategy and the Environment, EarlyView.ABSTRACT This paper provides the first event study evidence on how the Inflation Reduction Act's (IRA) dedicated climate provisions reshaped equity valuations in the US carbon‐intensive sectors. Focusing on environmentally sensitive industries (ESI), we analyze cumulative abnormal returns around the four key IRA milestones in 2022–2023.
Laura Ferraro +3 more
wiley +1 more source
Estimando o Prêmio de Mercado Brasileiro [PDF]
RAC: Revista de Administração Contemporânea, 2011 Risky investments assume that profits are on average higher than those obtained from risk-free assets; this difference is traditionally called an equity risk premium.
Luciana Ribeiro Chalela +3 more
doaj
The equity premium puzzle and emotional asset pricing [PDF]
Since the equity premium as well as the risk-free rate puzzle question the concepts central to financial and economic modeling, we apply behavioral decision theory to asset pricing in view of solving these puzzles. U.S.
Gürtler, Marc, Hartmann, Nora
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