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The study of the relation between risk and return is an important topic forinvestors in financial assets, which is the reason why many researchers have tackled it. It isonly natural for an investor with aversion for risk, who undertakes a higher risk investment,mare to expect be rewarded...
Persistent link: https://www.econbiz.de/10010838714
This paper defines decreasing absolute risk aversion in purely behavioral termswithout any assumption of differentiability and shows that a strictly increasing and riskaverse utility function with decreasing absolute risk aversion is necessarily differentiable withan absolutely continuous...
Persistent link: https://www.econbiz.de/10005609285
The article aims to analyze world-wide financial crisis’ impact and implications asregards assurance for financial reporting, starting with and comparing reactions of internationalaccounting and audit professional organizations, as regards possible accounting professional’scontributions to...
Persistent link: https://www.econbiz.de/10008776005
In this article, we are dealing with an issue very important as regards theinvestment decision, namely the influence that it has on inflation. Thus, in a brief introductionspotlighted how we have perceived inflation today, what it means and how it manifests itself.An ample space in the paper is...
Persistent link: https://www.econbiz.de/10005467248
Success of the company is influenced by the ability to use disposal sources effectivelyand at the same time to adapt to the changes in its environment. Prediction of changes and theirincluding to the future goals achievement in various time horizons is part of the planning. Companythat uses...
Persistent link: https://www.econbiz.de/10011143738