Theoretical background: The variability of the company’s profitability is the result of the accompanying risk. To compare the profitability of many companies, relative profitability measures, which include profitability ratios, are more convenient. This article analyses market and accounting risk factors of CAPM. Risk was considered in variance and downside framework. Market betas, accounting betas were used in an extended version of the asset pricing model. Additionally, the influence of profitability ratios, such as ROA and ROE on the average rate of return on the capital market are considered.Purpose of the article: The main purpose of this study is to test the standard and extended CAPM relations between systematic risk measures and mea...
This thesis attempts to address a number of issues that have been identified in the asset pricing li...
[[abstract]]In the current study, we focus on the capital asset pricing model (CAPM) beta and downsi...
Purpose – There has been considerable debate on the linear relationship between systematic risk and ...
Theoretical background: The variability of the company’s profitability is the result of the accompan...
This thesis investigates the comparative relationship between the traditional CAPM and the downside ...
Many studies on asset pricing have highlighted the importance of downside risk, in line with the act...
Abstract Many studies on asset pricing have highlighted the importance of downside risk, in line wit...
textabstractCurrently, the Nobel prize winning Capital Asset Pricing Model (CAPM) celebrates its 40t...
The main purpose of this study was to explore the relationship between market and accounting measure...
return, portfolio management. The Capital Asset Pricing Model (CAPM) has been the dominating capital...
Different models have tried to improve the Capital Asset Pricing Model (CAPM) findings, on the basis...
This paper develops a new method for measuring market risk called downside accounting beta (DAB). To...
Beta and the capital asset pricing model have traditionally been the preferred measures of risk. How...
In the financial world, the importance of “downside risk” and “higher moments” has been emphasized, ...
Increasing volume of research shows that both theoretical assumptions and empirical fit of tradition...
This thesis attempts to address a number of issues that have been identified in the asset pricing li...
[[abstract]]In the current study, we focus on the capital asset pricing model (CAPM) beta and downsi...
Purpose – There has been considerable debate on the linear relationship between systematic risk and ...
Theoretical background: The variability of the company’s profitability is the result of the accompan...
This thesis investigates the comparative relationship between the traditional CAPM and the downside ...
Many studies on asset pricing have highlighted the importance of downside risk, in line with the act...
Abstract Many studies on asset pricing have highlighted the importance of downside risk, in line wit...
textabstractCurrently, the Nobel prize winning Capital Asset Pricing Model (CAPM) celebrates its 40t...
The main purpose of this study was to explore the relationship between market and accounting measure...
return, portfolio management. The Capital Asset Pricing Model (CAPM) has been the dominating capital...
Different models have tried to improve the Capital Asset Pricing Model (CAPM) findings, on the basis...
This paper develops a new method for measuring market risk called downside accounting beta (DAB). To...
Beta and the capital asset pricing model have traditionally been the preferred measures of risk. How...
In the financial world, the importance of “downside risk” and “higher moments” has been emphasized, ...
Increasing volume of research shows that both theoretical assumptions and empirical fit of tradition...
This thesis attempts to address a number of issues that have been identified in the asset pricing li...
[[abstract]]In the current study, we focus on the capital asset pricing model (CAPM) beta and downsi...
Purpose – There has been considerable debate on the linear relationship between systematic risk and ...