The purpose of this study is to examine the three hypotheses:
(a) expected returns and risk as measured by the dispersion of returns associated with risk classes of securities are positively correlated,
(b) that the variance of returns is the appropriate measure of risk and
(c) Canadian investors in open-end investment companies do not exhibit greater risk aversion than their American counterparts. The method of study employed is the application of regression analysis to samples of Canadian and American open-end investment companies. The conclusions drawn from the study are expected returns and risk are positively correlated, risk classes of securities are scaled according to expected returns and variance of returns, and Canadian investors in open-end investment companies do not exhibit more nor less risk aversion than their American counterparts. / Business, Sauder School of / Graduate
| Identifer | oai:union.ndltd.org:UBC/oai:circle.library.ubc.ca:2429/35645 |
| Date | January 1968 |
| Creators | White, Robert Wayne |
| Publisher | University of British Columbia |
| Source Sets | University of British Columbia |
| Language | English |
| Detected Language | English |
| Type | Text, Thesis/Dissertation |
| Rights | For non-commercial purposes only, such as research, private study and education. Additional conditions apply, see Terms of Use https://open.library.ubc.ca/terms_of_use. |
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