Faiteh, Anouar; Aasri, Mohammed Rachid - In: Risks : open access journal 10 (2022) 8, pp. 1-13
, such as the capital asset pricing model (CAPM). However, this model is only used for listed companies, and cannot be used … accounting beta. The main objective of this research was to explore the relationship between market beta and accounting beta … calculated using ROA, ROE and net income to demonstrate the ability of accounting beta to measure risk for unlisted companies. To …