Non-normality and risk in developing Asian markets
This paper examines whether additional risk factors such as the variance, skewness, and coskewness of returns offer an appropriate explanation of company returns in less developed capital markets. Arguments for considering some additional factors in pricing models to better deal with such situations...
| Main Authors: | , |
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| Format: | Journal Article |
| Published: |
World Scientific Publishing Co. Pte. Ltd.
2010
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| Online Access: | http://hdl.handle.net/20.500.11937/42666 |