The Determinants of Systematic Risk: A Synthesis

Abstract
This paper contains a review and synthesis of the theoretical research that has examined the corporate determinants of systematic risk (beta). By delineating the underlying assumptions and by using a consistent notation to summarize the results, this review is designed to facilitate the beta assessment efforts of financial managers, investment analysts, and academic researchers.
Volume
24
Page
157-181
Number
2
Year
1989
Categories
RPP1
Publications
The Financial Review
Authors
Callahan, Carolyn M.
Mohr, Rosanne M.