Many studies on asset pricing have highlighted the importance of downside risk, in line with
the actual losses of investors. In addition, the capital asset pricing model (CAPM), although …

Purpose–The purpose of this paper is to examine the relationship between beta and returns
in the Athens stock exchange (ASE), taking into account the difference between positive and …

This paper evaluates whether directors of target companies make response
recommendations in takeovers which are consistent with the interests of shareholders, by …

Signifikansi pengaruh faktor ekonomi makro, risiko investasi dan kinerja keuangan terhadap
return saham merupakan tujuan dari studi ini. Semua perusahaan di Bursa Efek Indonesia …

As one of the most important models in the finance literature, the Capital Asset Pricing Model
(CAPM) assumes the existence of a positive and linear relationship between the systematic …

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 …

This study is performed to examine the effect of beta and stock return variance toward stock
return on LQ 45 company listing in Jakarta Stock Exchange (JSX) during period January …

Several recent empirical tests of the Capital Asset Pricing Model have been based on the
conditional relationship between betas and market returns. This paper shows that this …

Bu çalışmanın amacı temel opsiyon fiyatlama modellerinin İMKB'deki geçerliliklerinin
araştırılmasıdır. Bu nedenle 1998-2004 dönemi için geçerli olmak üzere 17 hisse senedi ve …

CAPM is one of the subjects that constitute fundamentals of modern finance theory. Although
the research that test validity of CAPM give conflicting results, CAPM is widely used …