A Critical Review of the Capm in Emerging Markets

 

Sparad:
Bibliografiska uppgifter
Upphovsman: Sosa Mora , Eduardo
Materialtyp: artículo original
Status:Versión publicada
Utgivningstid:2023
Beskrivning:This paper presents the results of a literature review related to the relevance of the capital asset pricing model (CAPM) in emerging markets. It is highlighted that this model is based on certain assumptions about the functioning of financial markets and about the behavior of investors, whose validity has been the subject of debate in the academic world, which has given space for the emergence of various proposals to adapt it to the reality of emerging markets, which are limited to introducing operational changes and are far from transcending its epistemological foundations.
Land:Portal de Revistas UTN
Organisation:Universidad Técnica Nacional
Repositorio:Portal de Revistas UTN
Språk:Español
OAI Identifier:oai:ojs.pkp.sfu.ca:article/535
Länkar:https://revistas.utn.ac.cr/index.php/yulok/article/view/535
Nyckelord:Modelo Valoración Activos Capital
Riesgo
Rendimiento
Retorno requerido
Mercados emergentes
Rentabilidad mínima
Capital Assets Pricing Model
Risk
Return
Emerging markets
Minimum return