Please use this identifier to cite or link to this item:
https://www.um.edu.mt/library/oar/handle/123456789/30836| Title: | The capital asset pricing model : a review of the issues |
| Authors: | Harissis, Harilaos F. |
| Keywords: | Capital assets pricing model -- Mathematical models Capital market Financial risk |
| Issue Date: | 2000 |
| Publisher: | University of Piraeus. International Strategic Management Association |
| Citation: | Harissis, H. F. (2000). The capital asset pricing model: a review of the issues. European Research Studies Journal, 3(3-4), 111-130. |
| Abstract: | The aim of this paper is to review the literature relating to the theoretical basis of the Capital Asset Pricing Model (CAPM). The derivation of the CAPM is presented, followed by the empirical tests of it. There exists some further research however which is also presented, that criticize the CAPM, since it has often been challenged by statistical studies that fail to verify the validity of the model, as an adequate description of the way assets are priced. |
| URI: | https://www.um.edu.mt/library/oar//handle/123456789/30836 |
| ISSN: | 11082976 |
| Appears in Collections: | European Research Studies Journal, Volume 3, Issue 3-4 |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| The_capital_asset_pricing_model_a_review_of_the_issues_2000.pdf | 149.15 kB | Adobe PDF | View/Open |
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