The New Trends in Asset Pricing Research
Traditional CAPM theory highly integrated macroeconomic factors, microscopic actors, market regulations for Beta. And the company value theory excessively elaborates the historical financial achievement. The former neglects the history, the latter will disregard the future. As we know the present will be of the junction point between history and future, corporate governance is of a bridge between the history achievement and the future value. Asset pricing researchs new tendency is that corporate governances evaluating indicator arises in asset pricing model.
asset pricing corporate governance liquidity
HU Fang CHEN Liwen
School of Management, Hebei University of Technology, Tianjin, 300130 Shijiazhuang University of Eco School of Management, Hebei University of Technology, Tianjin, 300130
国际会议
The 5th International Sympsium for Corporate Governance(第五届公司治理国际研讨会)
天津
英文
806-812
2009-09-01（万方平台首次上网日期，不代表论文的发表时间）