Dajčman, Silvo; Festić, Mejra; Kavkler, Alenka - In: Journal of Business Economics and Management 14 (2013) 1, pp. 54-76
<title>Abstract</title> This paper examines the systematic risk and validity of the basic capital asset pricing model of Sharpe (1964), Lintner (1965) and Mossin (1966) in three Central and Eastern European stock markets (i.e. Slovenia, Hungary and Czech Republic). The CAPM is tested on a multiscale basis,...
