Company valuation in thin markets: how does CAPM perform?

Autori

  • 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

Abstract

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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Pubblicato

2012-07-26