Portal de Periódicos da CAPES

The Relationship Between Accounting Variables and Systematic Risk and the Prediction of Systematic Risk

1978; SAGE Publishing; Volume: 3; Issue: 2 Linguagem: Inglês

10.1177/031289627800300201

1327-2020

Antonio Castagna, Zoltan Matolcsy,

Financial Reporting and Valuation Research

This paper conducts several tests of association between accounting information and the systematic risks of firm's equities. It also evaluates several models of the prediction of systematic risk from past rate-of-return information.