184954
博碩士論文
Chan Hui Ping, 陳惠萍
碩士 / 逢甲大學 / 企業管理學系 / 87 / The Capital Asset Pricing Model describes the relationship between risk and expected average returns. But many scholars find that risk is not the only factor explain expected returns. Most of scholars in foreign and Taiwan find that size, systematic risk, BE/ME ratio, financial leverage and E/P ratio can explain significant expected returns on securities. Thus this paper examines that size effect, systematic risk effect, BE/ME effect, leverage effect and E/P effect e...