The Impact of Downside Risk on Expected Return: Evidence from Emerging Economies
This paper investigates the comparative relationship between the downside risk adjusted CAPM and traditional CAPM. The premise of the traditional CAPM is that the expected return is based on the incidence of systematic risk (beta), which has been assumed to be homogenous for both the developed, and...
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| Main Authors: | Hassan Raza, Arshad Hasan, Abdul Rashid |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Lahore School of Economics
2019-10-01
|
| Series: | The Lahore Journal of Business |
| Subjects: | |
| Online Access: | https://journals.lahoreschool.edu.pk/LJB/LJB/article/view/78 |
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