Increases in the systematic risk of large firms

Daves, Phillip R.; Ehrhardt, Michael C.
June 2000
American Business Review;Jun2000, Vol. 18 Issue 2, p62
Academic Journal
Examines the relationship between rate of return and size of business enterprises during the period 1963-1997. Description of data and documentation of the intertemporal reversal in the relationship; Factors affecting changes in the relationship between size and risk; Fundamental reason for the shift in the observed beats of small and large firms.


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