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Kurek Bartosz (Cracow University of Economics, Poland)
An Adjusted ROA as a Proxy for Risk Premium Estimation - the Case of Standard and Poor's 1500 Composite Index
Argumenta Oeconomica Cracoviensia, 2010, no 6, s. 87-103, rys., tab., bibliogr. 27 poz.
Rentowność aktywów, Metody analityczno-obliczeniowe, Premia za ryzyko, Modele wzrostu, Szacowanie ryzyka
Return on assets (ROA), Analytical and computational methods, Risk premium, Growth model, Risk estimating
This paper undertakes an historical risk premium approach, since financial statements that are used to estimate risk premium are based on past events per se. (fragment of text)
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