Evaluation Of Higher Moment Capital Asset Pricing Model And Stock Market Technical Efficiency With Stochastic Frontier Approach
The Capital Asset Pricing Model (CAPM) is a revolutionary input in financial theories. It postulates an equilibrium linear relationship between expected return and risk of an asset. The theoretical validity of CAPM is well-tested and accepted but the practical validity of CAPM is still in question....
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| Format: | Thèse |
| Langue: | anglais |
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2014
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| Accès en ligne: | http://eprints.usm.my/46158/ |
| Abstract | Abstract here |