Ho, Ron Yiu Wah; Strange, Roger; Piesse, Jenifer - In: Journal of Economic Studies 40 (2013) 1, pp. 88-97
Purpose – This paper aims to examine the pricing effects of risks conditional on market situations. Design/methodology/approach – The model used to test for the conditional pricing effects of risks is a modified version of Pettengill et al.'s cross-sectional regression model, based on Hong...