returns. The finance literature has uncovered several potential failings of the Capital Asset Pricing Model (CAPM). I … investigate the ability of additional risk factors, which are not considered by the CAPM, to explain these problems. In particular … to refine and reassess the cross-sectional evidence against the CAPM.In the first chapter, I test the cross …

size and book-to-market ratio in Chapter 3. This is a cross-sectional test of the conditional CAPM. The models examined …-factor asset pricing models. Models tested are the CAPM, the Fama-French three-factor model and a four-factor model including the … coefficients of coskewness and cokurtosis have the correct sign as predicted by the higher-moment CAPM theory but only cokurtosis …

kernel that depends on returns, as in the CAPM or the APT, can accurately price assets. In this sense, theory based on …

profitability of Russian enterprises in the region of Omsk. Based on the finalyearly reports of the enterprises it is shown, that in … this article only the gross profit, or the profitability of the grossprofit are discussed. For the year 2000, the average … profitability of the gross profit of the examinedenterprises amounted to 2,0 %. The profitability on the basis of the profit before …

working capital management and the profitability.In the current study all real estate and construction companies listed on Abu … findings of this study are that there exists a significant negative relationship between the profitability and the length of … the firm’s cash conversion cycle. Longer the cash conversion cycle, lesser will be the profitability. The payables and …

working capital management and the profitability.In the current study all real estate and construction companies listed on Abu … findings of this study are that there exists a significant negative relationship between the profitability and the length of … the firm’s cash conversion cycle. Longer the cash conversion cycle, lesser will be the profitability. The payables and …