A Critical Review of the Capm in Emerging Markets
Guardado en:
| Údar: | |
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| Formáid: | artículo original |
| Stádas: | Versión publicada |
| Fecha de Publicación: | 2023 |
| Cur Síos: | 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. |
| País: | Portal de Revistas UTN |
| Institiúid: | Universidad Técnica Nacional |
| Repositorio: | Portal de Revistas UTN |
| Teanga: | Español |
| OAI Identifier: | oai:revistas.utn.ac.cr:article/535 |
| Rochtain Ar Líne: | https://revistas.utn.ac.cr/index.php/yulok/article/view/535 |
| Palabra clave: | Modelo Valoración Activos Capital Riesgo Rendimiento Retorno requerido Mercados emergentes Rentabilidad mínima Capital Assets Pricing Model Risk Return Emerging markets Minimum return |