RISK RETURN ASSOCIATIONS - PARADOX OR ARTIFACT - AN EMPIRICALLY TESTED EXPLANATION

被引：46

作者：

WISEMAN, RM

BROMILEY, P

机构：

[1] Curtis L. Carlson School of Management, University of Minnesota, Minneapolis, Minnesota

来源：

STRATEGIC MANAGEMENT JOURNAL | 1991年 / 12卷 / 03期

关键词：

D O I：

10.1002/smj.4250120306

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This study tests Fiegenbaum and Thomas's suggestion that Bowman's risk‐return paradox may be due to measuring risk by variance in data that have trends. Results indicate that trends in ROA and ROE cannot explain the pattern of risk‐return associations found in previous research. Copyright © 1991 John Wiley & Sons, Ltd.

引用

页码：231 / 241

页数：11

共 20 条

[1] RISK RETURN PERFORMANCE OF DIVERSIFIED FIRMS [J].