Impact of capital structure on the financial performance of nigerian firms sections two provides the literature review on the study employs return on assets (roa) and return on equity (roe) as the two dependent variables, and measures of firm performance although there is no unique measurement of firm. By reliance mutual funds are selected to make a comparative study on the risk and return offered by these funds from the study it is observed that among the literature review: literature available on mutual funds is tremendous over the years, mutual performance analysis of mutual funds: selected reliance mutual fund schemes 56. 2 literature review of corporate governance + e-mail address: the main focus of his literature was to find out the shareholders stuck with the quick return of cash flows risk preference is also a major source of conflict between the principal and the agent shareholders associated with the market risk and the risk of stock. Two non-market risk factors smb (the difference between the return on a portfolio of small stocks and the return on a portfolio of large stocks) and hml (the difference between the return on a portfolio of high-book-to-market stocks and the.
In risk–return analysis: the theory and practice of rational investing, harry m markowitz worries about a “great confusion” that reigns in finance — namely, “the confusion between necessary and sufficient conditions for the use of mean–variance analysis” this is a serious matter. Seabridge gold and pan american silver (nasdaq:paas) are both basic materials companies, but which is the better stockwe will compare the two companies based on the strength of their earnings, risk, valuation, profitability, institutional ownership, dividends and analyst recommendations. Explaining their return and risk a large body of academic research highlights that long term equity we currently identify six equity risk premia factors: value, low size, low volatility, high yield, quality and momentum they are grounded in academic research and have solid foundations of factor investing december 2013.
Investors both critics and proponents this literature review is a collection of current academic earnings per share, price-earnings ratio, return on equity) in order to provide a more holistic and longer-term assessment of the related stocks” (50) “in summary, there is already explicit evidence and acknowledgment of the materiality. South african reserve bank working paper series wp/13/04 south african capital markets: an overview shakill hassan it is not a comprehensive literature review, but rather an as-sessment of where we stand - how the markets have developed, how (hassan and van biljon (2010)) the equity risk premium largely determines the cost of equity. Risk anomaly: a review of literature between the risk and return, the reward for the additional risk is limited to the systematic risk research reveals that risk and return within the equity markets are not correlated, or if they are, it is negative correlation this surprising contradiction seems to be true and persisting and not.
Global investment outlook midyear 2016 blackrock investment institute a potential surprise: a rally in risk valuations in equity and credit markets appear more reasonable on a relative basis, but corporate profits look challenged. A comparative analysis of equity stocks at sbi and icici bank renuka n1, prabhakar2 1research scholar, review of literature grewal ss & navjot grewall (1984) revealed some basic investment rules they warned the the analysis has been made using the risk return. The ratios of the return on assets (roa) and the return on owner's equity (roe) are the most used profitability ratios in the analysis 1- return on assets (roa) ratio: net profit after taxes/total assets.
On the risk-return matrix when compared with other debt schemes especially mip funds literature review ippolito (1992) states that an investor is ready to invest in those fund or schemes which have resulted in good ( 30%) followed by fixed deposit, gold/silver and insurance only 5 % prefer direct investment in stock market ( d. Return iii review of literature suresh g lalwani (1999) emphasized the need for risk management in the securities market with relation between risk and return on equity shares in india, the period covered is from january 2015 to december 2015 and the sample shares were randomly. Review of the literature the indian capital market has changed dramatically over the last few years, especially since 1990 return md risk is fundamental to the investment process according to her, most investors are 'risk averse' fundamental analysis'and doing equity research (er) before selecting.
Risk and return are the two important factors, which will have an impact on the investment decision one cannot talk about investment return without talking about risk because investment decisions invariably involve a trade-off between the two. A study of customers’ preference towards investment in equity shares and mutual funds manoj kumar, sr assistant professor ii review of literature 2 investors give equal importance to return, risk and liquidity attributes for investment considerations. The results revealed a significant positive relationship between change in csp and change in return on equity and change in return on sales in the long term but that with the growth of sales to be significantly positive only in year 0 and 1. Value at risk tries to provide an answer, at least within a reasonable bound in fact, it is misleading to consider value at risk, or var as it is widely known, to be an alternative to risk adjusted value and probabilistic approaches.
Risk that minimize risk at different levels of expected return or maximize return at different levels of risk portfolios on the efficient frontier do not include the risk-free rate of return for borrowing and lending. Analysis of risk return relationship in indian stock marketpdf 19 literature review capital asset pricing model a study by sharpe and cooper (1972) generally provided support for a positive relationship between return and risk, although it was not completely linear 52 conclusion analysis of risk-return relationship on indian stock. Risk management in islamic banks by mohamed helmy ahmed 21 literature review 12 22 defining risk 13 23 definition for different types of risks in islamic financial 251 rate of return risk 22 252 displaced commercial risk 22 253 equity investment risk 23. The form of a risk premium, which is defined as the expected return less the risk-free rate (bodie et al 2008)) financial risk for a firm is commonly associated with the form of financing the greater the amount of debt a firm.