Relationship between risk and return: an empirical test of the capital asset pricing model for Malaysian

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DC Field	Value	Language
dc.contributor.author	Sanda, Ahmadu U.
dc.contributor.author	Gupta, G. S.
dc.contributor.author	Shafie, Abdul Ghani
dc.date.accessioned	2009-12-12T09:29:10Z
dc.date.available	2009-12-12T09:29:10Z
dc.date.copyright	1-06
dc.date.issued	2009-12-12T09:29:10Z
dc.identifier.uri	http://hdl.handle.net/11718/556
dc.description.abstract	This paper uses weekly return data for the period January 1990 through December 1996 for a sample of 224 stocks listed on the main board of Kuala Lumpur Stock Exchange to estimate the Capital Asset Pricing Model, CAPM. Both the Fama and MacBeth (1973) procedure and its refined version by Pettengill, Sundaram and Mathur (1995) are adopted, yielding results that suggest no significant relationship between return and beta.	en
dc.language.iso	en	en
dc.relation.ispartofseries	WP;99-06-08/1529
dc.subject	Capital asset pricing model	en
dc.title	Relationship between risk and return: an empirical test of the capital asset pricing model for Malaysian	en
dc.type	Working Paper	en
Appears in Collections:	Working Papers

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