Using an extensive sample of the Pakistani stock market over the 2003–2016 period, this
paper is the first to evaluate and compare the performance of four most popular factor pricing …

Purpose The purpose of this paper is to determine the role of eco-innovation type and its
degree of novelty in increasing the stock returns of technology-based knowledge-intensive …

This study empirically tests and compares the performances of three famous financial asset
valuation models in the Moroccan stock exchange: CAPM, the Fama and French three-factor …

Timor-Leste is a new country still in the process of economic development and does not yet
have a capital market for stock and bond investments. These two asset classes have been …

This study aims to test the validity of the Fama–French Asset Pricing Model, which has
become a six‐factor along with the inclusion of the momentum factor, in terms of Borsa …

Standard pay-as-you-go pension system is facing long-term and short-term sustainability
challenges in several countries. Possible replacement of standard pension system might be …

Using a large sample size of 521 firms, this study is the first to evaluate and compare the
performance of five prominent factor-pricing models in PSX: the CAPM, Liu's two-factor …

We investigate whether macroeconomic factors adequately proxy for systematic influences
in stock returns within the South African context. We also investigate whether a commonly …

The purpose of this study is to evaluate the asset pricing models for Borsa Istanbul. Within
this scope, we apply Capital Asset Pricing Model, Fama-French Three Factor Model, and …

Research background: Exponential growth of passive mutual funds after 2007? 2008 global
financial crisis put pressure on active fund managers to lower the management fees. The …