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Keywords: Systematic risk
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Journal Articles
Managerial Finance 1–11.
Published: 15 May 2026
... cost of capital (WACC). This method is valid only when the project's net cash flows have the same systematic risk as the firm's net cash flows. However, this assumption often does not hold. We propose using dual discount rates for the project's operating cash flows and expected future investment...
Journal Articles
Managerial Finance (2023) 49 (11): 1783–1805.
Published: 01 June 2023
...Victor Daniel-Vasconcelos; Vicente Lima Crisóstomo; Maisa de Souza Ribeiro Purpose This study aims to investigate the association between board diversity and systematic risk. The theoretical framework used in this study is based on agency and resource dependency theories. Design/methodology...
Journal Articles
Managerial Finance (2019) 45 (4): 545–562.
Published: 03 April 2019
...Sailesh Tanna; Ibrahim Yousef Purpose The purpose of this paper is to investigate the impact of mergers and acquisitions (M&As) on acquiring company systematic risk using a global sample of 34,221 completed deals that occurred between the years 1977 and 2012, covering 163 countries and 85...
Journal Articles
Managerial Finance (2005) 31 (2): 101–112.
Published: 01 February 2005
...Athanasios G. Noulas; John A. Papanastasiou; John Lazaridis © Emerald Group Publishing Limited 2005 Mutual funds Performance evaluation Systematic risk Volume 31 Number 2 2005 101 Performance of Mutual Funds by Athanasios G. Noulas, John A. Papanastasiou and John Lazaridis...
Journal Articles
Managerial Finance (2004) 30 (10): 1–13.
Published: 01 October 2004
..., return, total risk, coefficient of variation, systematic risk, capital asset pricing model 1. Objective and Methodology The present article aims to evaluate the performance of thirty-nine domestic bond mutual funds operating in the Greek financial market over the period 15/3/1999 31/12/1999. The term...

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