PAUN, Cristian; MUSETESCU, Radu; BRASOVEANU, Iulian; … - In: Review of Economic and Business Studies 1 (2008) December, pp. 91-101
The evolution of stock prices is influenced by the expectations of investors regarding the earning prospects associated to each listed company. One of the key elements of investment decision is the positive relationship between risk and return. Risky securities are preferred to less risky ones...