Accounting-based CAPM: Symmetrical and downside risk approaches
Authors
Institute of Economics and Finance, University of Warmia and Mazury in Olsztyn, Olsztyn, Poland
przemyslaw.garsztka@ue.poznan.pl
Department of Econometrics, Poznań University of Economics and Business, Poznań, Poland
Department of Corporate Finance, Poznań University of Economics and Business, Poznań, Poland
Institute of Economics and Finance, University of Warmia and Mazury in Olsztyn, Olsztyn, Poland
Language: English
Page range: 101 - 132
Submitted on: Jan 21, 2026
Accepted on: Sep 10, 2026
Published on: Oct 8, 2026
Published by: Poznań University of Economics and Business Press
In partnership with: Paradigm Publishing Services
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© 2026 Lesław Markowski, Przemysław Garsztka, Jacek Mizerka, Anna Rutkowska-Miczka, published by Poznań University of Economics and Business Press
This work is licensed under the Creative Commons Attribution 4.0 License.