In this study, the reliability of the Fama-French Three-Factor model (FF3F) and the Carhart Four-Factor model (C4F) is examined thoroughly. In order to determine which of the asset pricing models is the best to explain portfolio returns on the Moroccan share market, these two models are indeed...

In this paper, we examine the main measures taken by Morocco within the framework of the reform of monetary and financial structures. Also, we treat the impact of these measures on the financial wealth structure of householders and companies. So, our aim is to encircle the new behaviour...