Tests of the capital market theory and implications of its evidence: The Philippine stock market

• المؤلف الرئيسي: Santos, Rhoderick R.
• التنسيق: text
• اللغة: English
• منشور في: Animo Repository 1992
• الموضوعات: Capital investments > Mathematical models; Stock-exchange > Philippines; Investments; Business
• الوصول للمادة أونلاين: https://animorepository.dlsu.edu.ph/etd_doctoral/673

This paper is an empirical investigation of the Capital Market Theory in the context of the Philippine capital market. The following are observed: a) portfolio risk decreases with an increase in the number of securities in a portfolio, validating the hypothesized risk-size relationship, and b) corre...