Documentos de trabajo
Aplicación de las teorías de la firma: operacionalización del CAPM para empresas de Colombia y latinoamericanas
Fecha
2010-01-01Autor
Buenaventura Vera, Guillermo
Gómez Restrepo, Carlos Augusto
Ortiz Romo, Juan Carlos
Institución
Resumen
To calculate the CAPM, we need to know variables
such as risk-free rate, beta and market premium.
The calculation of these parameters is given
generally for application in strong equity markets
(near efficiency) which is not the case of emerging
markets, for this reason, the paper proposes a
methodology for calculating parameters of the
CAPM for emerging countries to make recommendations to facilitate its implementation.