Introduction Capital Asset Pricing Model (CAPM) is the backbone of modern portfolio theory. According to CAPM, the expected return on stock is a function of its […]
Problems Encountered in the US and Global Housing Market The U.S. Housing market slump has a long and inter-related history. Policies, financial packages and expectations during […]
What factors determine whether mergers and acquisitions create value for shareholders in the banking industry? Introduction-Background There is a significant amount of debate around whether mergers […]
2.1 Introduction This chapter includes the review of previous literatures that introduced general situations of the two kinds of companies: state-owned enterprises and private corporations, and […]