On the stability of the CAPM before and after the financial crisis: Panel evidence from the Johannesburg Securities Exchange
This study examines CAPM stability before and after the 2008 financial crisis using data from the Johannesburg Securities Exchange, finding evidence of beta instability post-crisis.
Jun 1, 2017
On the stability of the CAPM before and after the financial crisis: Panel evidence from the Johannesburg Securities Exchange
This paper tests the stability of the CAPM before and after the 2008 financial crisis using data from the Johannesburg Securities Exchange.
Jan 1, 2017