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SMOLÍK, K. SRNA, M.
Original Title
Capital asset pricing model and chosen modifications
Type
conference proceedings
Language
English
Original Abstract
This paper deals with the Capital Asset Pricing Model (CAPM), which is one of the most important financial investment models in practice and in corporate finance quantifying systematic risk through the beta factor. The first section is devoted to a brief characterization of the basic Sharpe CAPM. The second part deals with the development of the CAPM and explains the meaning, differences, advantages and disadvantages of various modifications.
Keywords
Capital Asset Pricing Model, Capital Market Line, Security Market Line, Beta factor, Modifications of CAPM.
Authors
SMOLÍK, K.; SRNA, M.
Released
19. 4. 2012
Publisher
Tomas Bata University in Zlín
Location
Zlín
ISBN
978-80-7454-013-4
Pages from
1
Pages to
10
Pages count
BibTex
@proceedings{BUT92629, editor="Kamil {Smolík} and Martin {Srna}", title="Capital asset pricing model and chosen modifications", year="2012", pages="1--10", publisher="Tomas Bata University in Zlín", address="Zlín", isbn="978-80-7454-013-4" }