Ahmad, Tanveer; Shahzad, Syed Jawad Hussain; Rehman, … - Volkswirtschaftliche Fakultät, … - 2014
This study aims to investigate the impact of terrorism on Pakistani industry excess returns and systematic risk. Value … wise impact on excess returns was introduced in the standard CAPM framework. Terrorism as a phenomenon, not an event in … suggests a mixed effect of terrorism on the systematic risk of some industries. Transportation, Tobacco and Automobiles …