Dimson, Elroy (contributor); Marsh, Paul (contributor); … - 2003 - [Elektronische Ressource]
GLOBAL EVIDENCE ON THE EQUITY RISK PREMIUM
by Elroy Dimson, Paul Marsh, and Mike Staunton, London Business School … industries. In fact, the magnitude of the equity risk premium—the incremental
return that shareholders require to hold risky … returns and is a key
determinant of the cost of capital.
This article sheds light on the equity risk premium by addressing …