Download or read book A Theorical and Empirical Examination of the Determinants of Systematic Risk written by Carolyn Margaret Callahan and published by . This book was released on 1987 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Determinants of Systematic Risk written by Jimmy Saravia and published by . This book was released on 2017 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates how of systematic risk varies over the lifecycle of the firm. If market equity beta is determined by firm characteristics as the literature on the determinants of systematic risk holds, and if those characteristics change over the lifecycle of the firm following a definite pattern as firm lifecycle theory suggests, then market equity beta should change over the lifecycle of the firm following a predictable pattern. Our findings indicate that, holding other determinants of beta constant, the coefficient of systematic risk tends to fall in magnitude following a nonlinear pattern as firm age increases. In addition, we find that the volatility of market equity beta also tends to fall over the lifecycle of the firm. We argue that our main variable of concern, i.e. firm age, proxies for variables that have hitherto been omitted in the literature on the determinants of systematic risk. In particular, we maintain that firm age may proxy for the positive reputation that firms acquire over time with shareholders. This research is useful for both practitioners and researchers in that it may suggest ways to adjust empirical estimates of systematic risk. In addition, our results are important for research on beta forecasting as they show that the length of the stationary interval of betas is shorter for young companies, so that beta forecasting may be less accurate for firms in the early stages of their lifecycle compared to beta forecasting for mature firms.
Download or read book A Theoretical and Empirical Examination of the Determinants of Systematic Risk written by Carolyn M. Callahan and published by . This book was released on 1985 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Theoretical and Empirical Examination of the Determinants of Systematic Risk written by Carolyn Margaret Callahan and published by . This book was released on 1985 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Determinants of Systematic Risk written by Y. W. Ho and published by . This book was released on 1982 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Financial Determinants of Systematic Risk a Study in Factor Analysis written by Donald Scribner Wood and published by . This book was released on 1975 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Determinants of Systematic Risk in Banks written by Mary Lea McAnally and published by . This book was released on 1994 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Systematic Operating Risk Accounting Betas and Leverage written by Ned C. Hill and published by . This book was released on 1976 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Risk adjusted Present Value and the Determinants of Systematic Risk of a Multiperiod Investment Project written by Myong Ho Shin and published by . This book was released on 1985 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Systematic Risk written by María Rodríguez Moreno and published by . This book was released on 2015 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Accounting Changes and the Determinants of Systematic Risk written by Robin Paula Clement and published by . This book was released on 1994 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Determinants of Systematic Risk and the Cost of Capital for the Regulated Electric Utility Industry written by Stangle Edward and published by Hardpress Publishing. This book was released on 2013-12 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unlike some other reproductions of classic texts (1) We have not used OCR(Optical Character Recognition), as this leads to bad quality books with introduced typos. (2) In books where there are images such as portraits, maps, sketches etc We have endeavoured to keep the quality of these images, so they represent accurately the original artefact. Although occasionally there may be certain imperfections with these old texts, we feel they deserve to be made available for future generations to enjoy.
Download or read book A Framework for Exploring the Macroeconomic Determinants of Systematic Risk written by and published by . This book was released on 2005 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: "We selectively survey, unify and extend the literature on realized volatility of financial asset returns. Rather than focusing exclusively on characterizing the properties of realized volatility, we progress by examining economically interesting functions of realized volatility, namely realized betas for equity portfolios, relating them both to their underlying realized variance and covariance parts and to underlying macroeconomic fundamentals"--National Bureau of Economic Research web site.
Download or read book A Framework for Exploring the Macroeconomic Determinants of Systematic Risk written by Torben G. Andersen and published by . This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We selectively survey, unify and extend the literature on realized volatility of financial asset returns. Rather than focusing exclusively on characterizing the properties of realized volatility, we progress by examining economically interesting functions of realized volatility, namely realized betas for equity portfolios, relating them both to their underlying realized variance and covariance parts and to underlying macroeconomic fundamentals.
Download or read book Regulations in the Energy Industry written by André Dorsman and published by Springer Nature. This book was released on 2020-02-12 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a broad overview of the financial, economic and legal implications of energy industry regulations in various countries. In light of significant changes around the globe, it analyses various institutions that are involved in regulative measures, and based on various country studies, it offers insights into how energy sector regulations differ across countries with different market structures and institutions. Covering major topics such as laws and regulations geared to market competition and sustainability and the impact of noncompliance to regulations, from the perspectives of financial markets, and financial risks, the book is divided into four parts: Part I Regulations: price and trade controls; Part II. Non-price & trade control regulations; Part III: Compliance with regulations; and Part IV: Market issues and regulation. It will appeal to scholar in economics, finance and related fields as well as to policymakers and practitioners in the energy industry. This is the seventh volume in a series on energy organized by the Centre for Energy and Value Issues (CEVI). The previous volumes in the series were: Financial Aspects in Energy (2011), Energy Economics and Financial Markets (2012), Perspectives on Energy Risk (2014), Energy Technology and Valuation Issues (2015), Energy and Finance (2016) and Energy Economy, Finance and Geostrategy (2018).
Download or read book The Determinants of systematic risk and the cost of capital for the regulated electric utility industry written by Bruce Edward Stangle and published by . This book was released on 1976 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book An Examination of Determinants of Systematic Risk in Restaurants written by Pingping Chen and published by . This book was released on 2003 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt:
