Showing 1 - 4 of 4
Persistent link: https://www.econbiz.de/10009669617
Persistent link: https://www.econbiz.de/10015104091
Persistent link: https://www.econbiz.de/10011396512
From 1963 through 2015, idiosyncratic risk (IR) is high when market risk (MR) is high. We show that the positive relation between IR and MR is highly stable through time and is robust across exchanges, firm size, liquidity, and market-to-book groupings. Though stock liquidity affects the...
Persistent link: https://www.econbiz.de/10011520321