The Determinants of Systematic Risk: A Firm Lifecycle Perspective

This paper investigates how of systematic risk varies over the lifecycle of the firm. If market equity beta is determined by firm characteristics as the literature on the determinants of systematic risk holds, and if those characteristics change over the lifecycle of the firm following a definite pa...

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Autores:

Saravia, Jimmy
Garcia, Carlos
Almonacid, Paula

Tipo de recurso:

Fecha de publicación:

2016

Institución:

Universidad EAFIT

Repositorio:

Repositorio EAFIT

Idioma:

eng

OAI Identifier:

oai:repository.eafit.edu.co:10784/11182

Acceso en línea:

http://hdl.handle.net/10784/11182

Palabra clave:

Systematic risk
firm lifecycle
intrinsic business risk
financial leverage
operating risk.

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