Do State-owned Enterprises in Brazil Require a Risk Premium Factor?
Despite the extensive privatization achievements over the last decades, government ownership of publicly traded companies remains pervasive around the world. Consistent with past evidence of structural change in the beta coefficient during financial crises, the more recent economic recession of 2014...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
FUCAPE Business School
2020-01-01
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Series: | BBR: Brazilian Business Review |
Subjects: | |
Online Access: | http://www.redalyc.org/articulo.oa?id=123064464001 |