caa a22 4500 469042664 CHVBK 20180323132815.0 cr unu---uuuuu 170328e19920901xx s 000 0 eng 10.1007/BF00353402 doi (NATIONALLICENCE)springer-10.1007/BF00353402 Industrial structures components of finance theory's CAPM [Elektronische Daten] [John Greenhut, Melvin Greenhut] A microeconomic pricing model is developed which explains the effects of industrial structures on profit margin and equity beta values. The model is placed into special use by illustrating what may appear to be contradictions in the stock prices and betas of specific companies, differences which are explained however by the theory that supports our model. The industrial organization theory established in the paper would therefore extend Finance Theory's Capital Asset Pricing Model. Many testable propositions which could disconfirm or fail to disconfirm certain facets of, if not the paper's basic theory, are set forth descriptively. Kluwer Academic Publishers, 1991 CAPM nationallicence beta nationallicence competition nationallicence industrial structure nationallicence cycles nationallicence Greenhut John Arizona State University West, 85069-7100, Phoenix, AZ, U.S.A. aut Greenhut Melvin Texas A&M University, 77843-4228, College Station, TX, U.S.A. aut Review of Industrial Organization Kluwer Academic Publishers 7/3-4(1992-09-01), 361-373 0889-938X 7:3-4<361 1992 7 11151 https://doi.org/10.1007/BF00353402 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/BF00353402 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Greenhut John Arizona State University West, 85069-7100, Phoenix, AZ, U.S.A aut NATIONALLICENCE 700 1- Greenhut Melvin Texas A&M University, 77843-4228, College Station, TX, U.S.A aut NATIONALLICENCE 773 0- Review of Industrial Organization Kluwer Academic Publishers 7/3-4(1992-09-01), 361-373 0889-938X 7:3-4<361 1992 7 11151 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer