ToÌth, M.; LancÌŒariÄ, D.; PiterkovaÌ, A.; Savov, R. - In: AGRIS on-line Papers in Economics and Informatics 6 (2014) 4
The paper uses the alternative Markowitz portfolio theory approach, by replacing the stock return with return on equity (ROE) and estimates the systematic risk of unquoted agricultural farms. The systematic risk is standardly measured by the mean-variance model and standard deviation of stock...