Downside risk and profitability ratios: The case of the New York Stock Exchange

A Rutkowska-Ziarko - The North American Journal of Economics and …, 2023 - Elsevier
This article analyses the relationship between the volatility and sensitivity measures
determined based on accounting profitability ratios and those calculated based on rates of …

Market and accounting measures of risk: The case of the Frankfurt Stock Exchange

A Rutkowska-Ziarko - Risks, 2022 - mdpi.com
The main purpose of this study was to explore the relationship between market and
accounting measures of risk and the profitability of companies listed on the Frankfurt Stock …

The impact of quality of accounting information on cost of capital: Insight from an emerging economy

AS Latif, A Shah - Asian Economic and Financial Review, 2021 - search.proquest.com
The aim of this study is to determine the impact of the quality of accounting information on
the cost of capital in the firms listed on the Pakistan Stock Exchange (PSX). The study …

Accounting and market risk measures of Polish Energy Companies

A Rutkowska-Ziarko, L Markowski - Energies, 2022 - mdpi.com
Companies in the energy sector, due to their important role in the economy and the
specificity of energy sources, are exposed to many types of risk, ranging from the risk …

Profitability ratios in risk analysis

A Rutkowska-Ziarko - Contemporary Trends and Challenges in Finance …, 2020 - Springer
The aim of the study was to examine the correlation between the accounting profitability of
the company and its rate of return on the capital market. In addition, betas and accounting …

[HTML][HTML] Conditional CAPM relationships in standard and accounting risk approaches

A Rutkowska–Ziarko, L Markowski… - The North American …, 2024 - Elsevier
The main aim of the work is to test new and non-standard versions of CAPM, based on
accounting information and downside risk measures. Two innovative conditional CAPM …

Accounting beta in the extended version of CAPM

A Rutkowska-Ziarko, L Markowski, C Pyke - Contemporary Trends and …, 2019 - Springer
This paper examines whether accounting betas and downside accounting betas have an
impact on the average rate of return in a capital market. It also examines whether investors …

Validating downside accounting beta: Evidence from the Polish construction industry

A Rutkowska-Ziarko, C Pyke - … in Finance: Proceedings from the 3rd …, 2018 - Springer
This paper applies a method for measuring market risk called Downside Accounting Beta
(DAB), previously developed by Rutkowska-Ziarko and Pyke (Econ Bus Rev 3 (4): 55–65 …

Risk and profitability of the Slovenian industries

I Stubelj, S Laporšek - International Journal of Sustainable …, 2021 - inderscienceonline.com
The paper aims to measure the relative and the market risk of Slovenian industries and to
assess the potential effect of firms' projects diversification between industries and within …

Market and accounting risk factors of asset pricing in the classical and downside approaches

A Rutkowska-Ziarko, L Markowski - Annales Universitatis Mariae …, 2020 - cejsh.icm.edu.pl
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 …