Asset Pricing in Partially Segmented Markets: Evidence from the Finnish Market

CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK*

1964 • 15,720 citations

THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors…

1975 • 7,346 citations

The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets

1965 • 7,112 citations

Asset pricing and the bid-ask spread

1986 • 5,250 citations

Equilibrium in a Capital Asset Market

1966 • 4,832 citations

An equilibrium model of the international capital market

1974 • 1,180 citations

International Asset Pricing under Mild Segmentation: Theory and Test

1985 • 956 citations

The Market for Securities: Substitution Versus Price Pressure and the Effects of Information on Share Prices

1972 • 944 citations

PRICE IMPACTS OF BLOCK TRADING ON THE NEW YORK STOCK EXCHANGE

1972 • 683 citations

On the Effects of Barriers to International Investment

1981 • 662 citations

International capital market equilibrium with investment barriers

1974 • 570 citations

The structure of investor preferences and asset returns, and separability in portfolio allocation: A contribution to the pure theory of mutual funds

1970 • 451 citations

Integration vs. Segmentation in the Canadian Stock Market

1986 • 436 citations

Session Topic: Capital Asset Pricing Models in an International Context

1974 • 391 citations

The International Pricing of Risk: An Empirical Investigation of the World Capital Market Structure

1974 • 360 citations

A Model of International Asset Pricing with a Constraint on the Foreign Equity Ownership

1986 • 350 citations

Gains from International Diversification: 1968–85 Returns on Portfolios of Stocks and Bonds

1987 • 206 citations

Trading rules, large blocks and the speed of price adjustment

1977 • 203 citations

TESTING INTERNATIONAL ASSET PRICING: SOME PESSIMISTIC VIEWS

1977 • 134 citations

Exchange risk surprises in international portfolios

1986 • 71 citations

World country and industry relationships in equity returns

1975 • 55 citations

Stock Prices and Monetary Variables: The International Evidence

1984 • 23 citations

The valuation of risk assets in an international capital market : theory and tests

1976 • 6 citations