文章基本信息

标题：MAIN RESULTS OF ANALYSES UNDERTAKEN ON THE ARBITRAGE PRICING MODEL
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作者：Stanculescu, Andrei
期刊名称：Theoretical and Applied Economics
印刷版ISSN：1841-8678
电子版ISSN：1844-0029
出版年度：2013
卷号：XX
期号：Special I
页码：390-391
出版社：Asociatia Generala a Economistilor din Romania - AGER
摘要：This paper offers, in a descriptive manner, a summary of some important results of research undertaken on the APT model (Arbitrage Pricing Theory), by means of theoretical approaches or by empirical testing. The factors which determine the stocks return are investigated, whether these factors exist and the way in which they influence the stocks pricing processes. Specifically, in order to fulfill the goal of applying the model, one must try to relax some of the assumptions, so the model might come closer to the reality of finance. The APT model was first stated by Ross, in 1976.
关键词：assets; empirical tests; return; assets pricing; explanatory factors.