Rutkowska-Ziarko, Anna - In: Risks : open access journal 10 (2022) 1, pp. 1-17
profitability of companies listed on the Frankfurt Stock Exchange. An important aspect of the study was to employ accounting beta … coefficients as a systematic risk measure. The research considered classical and downside risk measures. The profitability of a … company was expressed as ROA and ROE. When determining the downside risk, two approaches were employed: the approach by Bawa …