Empirical testing of implied cost of equity in the capital asset pricing model using JSE listed companies
The capital asset pricing model (CAPM) has for half a century been considered a pillar of modern finance in describing the relationship that is deemed to exist between the risk of owning an asset and the expected future returns from that asset. The model has however been subject to criticisms and at...
Main Author: | |
---|---|
Other Authors: | |
Language: | en |
Published: |
2014
|
Subjects: | |
Online Access: | http://hdl.handle.net/2263/40768 Kempff, P 2013, Empirical testing of implied cost of equity in the capital asset pricing model using JSE listed companies, MBA Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/40768> |