Measuring the relevance of beta coefficient on the Bulgarian capital market Cover Image

Измерване на използваемостта на бета коефициента на капиталовия пазар в България
Measuring the relevance of beta coefficient on the Bulgarian capital market

Author(s): Krasimir Kostenarov
Subject(s): Social Sciences, Economy, Education, National Economy, Business Economy / Management, Higher Education , Financial Markets, Public Finances, Accounting - Business Administration, Marketing / Advertising, Business Ethics
Published by: Нов български университет
Keywords: beta coefficient; CAPM

Summary/Abstract: The present study aims to measure the usability of the beta coefficient of companies traded on the Bulgarian capital market over the past 10 years. The last decade has been specific to the Bulgarian capital market. After the two crises on the capital markets in the period, it seems that the capital market has failed to recover to the extent that the markets of other European countries have recovered. For this reason, we want to investigate whether beta coefficient of companies in Bulgaria has sufficient significance and can be used in practice.

  • Issue Year: 4/2019
  • Issue No: 1
  • Page Range: 70-80
  • Page Count: 10
  • Language: Bulgarian