Marques, Vagner; Costa, Bethânia; Waichert, Sarah - 2021
companies listed on Brazil, Bolsa, Balcão (B3).Method: The descriptive study, using secondary data and with a quantitative … observations/year.Results: The evidence reinforced the hypothesis of a positive association between risk and return, both for … predictability of returns, resulting in a spurious negative relationship between risk and return.Implications/Contributions: The …