A Synthesis of Theoretical Relationship between Systematic Risk and Financial and Accounting Variables

oleh: Edward R. Lawrence, Suchismita Mishra, Arun J Prakash

Format: Article
Diterbitkan: Universiti Utara Malaysia 2004-06-01

Deskripsi

In this paper we summarize the theoretical relationship between beta, the measure of relative systematic risk on one hand and financial and accounting variables, such as leverage, size, growth in earnings, capital adequacy etc. The purpose is to bring together a comprehensive treatise of these relationships.