Is the Beta Anomaly Real? A Correction in Existing Theories of Cost of Capital and Asset Pricing
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DOI: 10.1177/09726527231160863
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References listed on IDEAS
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More about this item
Keywords
Beta anomaly; capital asset pricing model; capital structure; cost of capital; risky debt; tax shield;All these keywords.
JEL classification:
- G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
- G35 - Financial Economics - - Corporate Finance and Governance - - - Payout Policy
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