RESEARCH OF BETA AS ADEQUATE RISK MEASURE-IS BETA STILL ALIVE?
The capital asset pricing model (CAPM) is one of the most important models in financial economics and it has a long history of theoretical and empirical investigations. The main underlying concept of the CAPM model is that assets with a high risk (high beta) should earn a higher return than assets w...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Croatian Operational Research Society
2011-02-01
|
| Series: | Croatian Operational Research Review |
| Subjects: | |
| Online Access: | http://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=142179 |