Itzkowitz, Jennifer; Loviscek, Anthony - In: Managerial Finance 42 (2016) 10, pp. 1017-1032
, then investors need to be aware of the dependent-buyer effect in their security selection and portfolio construction … standard risk estimation modeling to compute β s, idiosyncratic risks, and total risks of both dependent-buyer firms and firms … dependent-buyer firms are much greater than that of firms not in dependent relationships. These differences are both …