03
14:15 - 15:45
IWH Research Seminar
APR
2017
14:15 - 15:45
On the Robustness of the Unlevered Capital Asset Pricing Model
Firms’ financial leverage can largely explain the value effect, however, we document that the expected return-beta relationship of equity in unconditional tests of the CAPM is more generally distorted by leverage.
Who
(University of Groningen)
Where
Personal details
Dr Lammertjan Dam is an Assistant Professor at Department of Economics at the University of Groningen.
Whom to contact
Vice President Department Head
If you have any further questions please contact me.
+49 345 7753-727 Request per E-Mail
