A note on CAPM betas under the carbon tax regime

Article

Watanabe, Taiji. 2012. "A note on CAPM betas under the carbon tax regime." Atlantic Economic Journal. 40 (2), pp. 213-214. https://doi.org/10.1007/s11293-012-9304-8
Article Title

A note on CAPM betas under the carbon tax regime

ERA Journal ID18188
Article CategoryArticle
Authors
AuthorWatanabe, Taiji
Journal TitleAtlantic Economic Journal
Journal Citation40 (2), pp. 213-214
Number of Pages2
Year2012
Place of PublicationNew York, NY. United States
ISSN0197-4254
1573-9678
Digital Object Identifier (DOI)https://doi.org/10.1007/s11293-012-9304-8
Web Address (URL)http://www.springerlink.com/content/k35j523307833288/fulltext.pdf
Abstract

This paper studies the impact of factors that are external to firms and demonstrates that CAPM betas will be unaffected by such an external factor if the factor affects the equity return uniformly across the markets as a whole.

KeywordsCAPM; carbon tax; economic modelling
ANZSRC Field of Research 2020350202. Finance
350208. Investment and risk management
380115. Public economics - taxation and revenue
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Files associated with this item cannot be displayed due to copyright restrictions.

Byline AffiliationsSchool of Accounting, Economics and Finance
Institution of OriginUniversity of Southern Queensland
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