SZodixStudyAcademic Library
ShelvesOpen access
Study · an open academic library·Metadata from OpenAlex (CC0)·Shelves·OpenAlex metadata, de-duplicated
Using Analysts' Growth Forecasts to Estimate Shareholder Required Rates of Return
8 references·0 citing·28 second hop
Using Analysts' Growth Forecasts to Estimate Shareholder Required Rates of Return (1986)Using Analysts' Growth Forecasts to Estim…The Risk Premium Approach to Measuring a Utility's Cost of Equity (1985)The Risk Premium Approach to …On Divergence of Opinion and Imperfections in Capital Markets (1983)On Divergence of Opinion and …Expectations and the Structure of Share Prices (1982)Expectations and the Structur…Risk and Return: A New Look (1981)Risk and Return: A New LookExpectations and Share Prices (1981)Expectations and Share PricesFURTHER EVIDENCE ON THE VALUE OF PROFESSIONAL INVESTMENT RESEARCH (1980)FURTHER EVIDENCE ON THE VALUE…The Capital Formation Problem in the United States (1979)The Capital Formation Problem…NEW EVIDENCE ON THE CAPITAL ASSET PRICING MODEL (1978)NEW EVIDENCE ON THE CAPITAL A…CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)THE RELEVANCE OF QUASI RATIONALITY IN COMPETITIVE MARKETS (1988)Term Structure Estimation with Survey Data on Interest Rate Forecasts (2006)Consensus Consumer and Intertemporal Asset Pricing with Heterogeneous Beliefs (2007)The arbitrage theory of capital asset pricing (1976)Stocks, bonds, bills, and inflation : historical returns (1926-1987) (1989)Earnings and stock returns: evidence from Germany (1997)Capital Market Equilibrium with Restricted Borrowing (1972)Risk, Return, and Equilibrium: Empirical Tests (1973)Effect of trust on financial market participation: evidence from China (2020)The General Theory of Employment (1937)BETAS AND THEIR REGRESSION TENDENCIES (1975)The effect of personal taxes and dividends on capital asset prices (1979)Discrete Expectational Data and Portfolio Performance (1986)A direct test of the cognitive bias theory of share price reversals (1990)Analysts' Forecast Precision as a Response to Competition (1995)CORPORATE INCOME TAXES AND THE COST OF CAPITAL: A CORRECTION (1963)Pitfalls in Financial Model-Building (1968)DEBT AND TAXES* (1977)Why Don't the Prices of Stocks and Bonds Move Together? (1986)Futures trading and cash market volatility: Stock index and interest rate futures (1988)Stock market volatility and the crash of 1987: evidence from six emerging markets (1996)Divergence of Opinion in Complete Markets: A Note (1985)Factors Affecting Seasoned Corporate Bond Prices (1981)Property-Liability Insurance Rate Regulation: Estimation of Underwriting Betas Using Quarterly Profit Data (1985)Portfolio Risk and Returns from Timber Asset Investments (1988)
this work references cited by second hop

References

  • 1982Expectations and the Structure of Share Prices243 cited
  • 1981Expectations and Share Prices233 cited
  • 1983On Divergence of Opinion and Imperfections in Capital Markets177 cited
  • 1979The Capital Formation Problem in the United States134 cited
  • 1978NEW EVIDENCE ON THE CAPITAL ASSET PRICING MODEL119 cited
  • 1981Risk and Return: A New Look42 cited
  • 1985The Risk Premium Approach to Measuring a Utility's Cost of Equity41 cited
  • 1980FURTHER EVIDENCE ON THE VALUE OF PROFESSIONAL INVESTMENT RESEARCH29 cited

Cited by

No citing works inside the corpus for this window.

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work