The Capital Asset Pricing Model: An Evaluation of Its Potential As a Strategic Planning Tool

dc.contributor.author	Naylor, Thomas	en_US
dc.contributor.author	Tapon, Francis	en_US
dc.date.accessioned	2010-06-28T19:00:35Z
dc.date.available	2010-06-28T19:00:35Z
dc.date.issued	1982-10	en_US
dc.identifier.uri	http://hdl.handle.net/10161/2608
dc.description.abstract	In this paper we provide a summary of the capital asset pricing model (CAPM) and point out how it might possibly be used as a tool for strategic planning by corporations that own a portfolio of businesses. We also point out some of the assumptions underlying the CAPM which must be satisfied if it is to be used for strategic planning. Next we include a critical appraisal of the CAPM as a strategic planning tool. Finally, we state the case for linking competitive strategy models, CAPM models, and business simulation models.	en_US
dc.format.extent	233942 bytes
dc.format.mimetype	application/pdf
dc.language.iso	en_US
dc.publisher	Management Science	en_US
dc.subject	CAPM	en_US
dc.subject	simulations	en_US
dc.subject	strategic planning	en_US
dc.title	The Capital Asset Pricing Model: An Evaluation of Its Potential As a Strategic Planning Tool	en_US
dc.type	Journal Article	en_US
dc.department	Economics