capital asset pricing, as one of the basic theories in finance and investment area, develop a model for estimation of expected rate of return and equity cost of capital. this model has many applications in the field of finance. one of anomalies in the capital asset pricing model is the value premium that its proponents believe this risk premium is compensation for a risk not mentioned in origin...

Data Envelopment Analysis (DEA) is a mathematic technique to evaluate the relative efficiency of a group of homogeneous decision making units (DMUs) with multiple inputs and outputs. The efficiency of each unit is measured based on its distance to the production possibility set (PPS). In this paper, the BCC model is used in output-oriented. The average return on profit as output and the covaria...

The basic components of the risk/return model applicable to insurance consist of underwriting return, investment return and leverage. A pricing approach is presented to deal with underwriting and investment risk, guided by basic risk/return principles, which addresses the policyholder and shareholder perspectives in a consistent manner. A methodology to determine leverage is also presented, but...

this paper extends endogenous growth models through augmenting it with government budget and oil revenues as well as the effect of public investment efficiency on long run growth of private and government consumption and import for an oil producing economy. based on the extracted model, the optimal growth rate of government current expenditure (or consumption) has a positive relation with the e...

In this paper, an optimal design of the renewable combustion plant has been investigated with the aim of ensuring the required load on the Gorgor station. The purpose of this study is to minimize the cost of the proposed hybrid unit during the period of operation of the designed system simultaneously. Information on the intensity of solar radiation and the intensity of wind blowing in the area ...

This paper examines the effects of firm characteristics measured by price-to-book (PB) ratio, free cash flow (FCF), and variability of daily stock return (VDR) on investor reaction in the stock market to IT investment announcements. In contrast to previous studies, which focused exclusively on whether or not IT investment announcements led to an abnormal return in the market, this study investi...

OBJECTIVES To evaluate the cost savings attributable to the implementation of a continuous monitoring system in a medical-surgical unit and to determine the return on investment associated with its implementation. DESIGN Return on investment analysis. SETTING A 316-bed community hospital. PATIENTS Medicine, surgery, or trauma patients admitted or transferred to a 33-bed medical-surgical u...

INTRODUCTION While increasingly popular among mid- to large-size employers, using financial incentives to induce health behavior change among employees has been controversial, in part due to poor quality and generalizability of studies to date. Thus, fundamental questions have been left unanswered: To generate positive economic returns on investment, what level of incentive should be offered fo...