A Synthesis of Theoretical Relationship between Systematic Risk and Financial and Accounting Variables

• Main Authors: Lawrence, Edward R., Mishra, Suchismita, Prakash, Arun J
• Format: Article
• Language: English
• Published: Universiti Utara Malaysia Press 2004
• Subjects: HG Finance
• Online Access: http://repo.uum.edu.my/25109/1/IJBF%202%202004%2019%2027.pdf; http://repo.uum.edu.my/25109/; http://ijbf.uum.edu.my/index.php/previous-issues/133-the-international-journal-of-banking-and-finance-ijbf-vol-2-no-1-june-2004

In this paper we summarize the theoretical relationship between beta, the measure of relative systematic risk on one hand and financial and accounting variables, such as leverage, size, growth in earnings, capital adequacy etc. The purpose is to bring together a comprehensive treatise of these relat...