Company valuation in thin markets: how does CAPM perform?

Auteurs-es

  • Holger Hinz University of Flensburg, International Institute of Management
  • Sebastian Vollmer University of Flensburg, International Institute of Management
  • Carsten Weimann University of Flensburg, International Institute of Management

Résumé

How does thin trading affect CAPM´s valuation of a company?

What are alternatives in case standard CAPM does not work?

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Publié-e

2012-07-26