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Chollakorn Leekatham

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Can investors earn an excess risk-adjusted return on air pollution in the stock market: evidence from Thailand

This study investigates the pricing of air pollution in the Thai equity market, using PM2.5 and the Air Quality Index (AQI) to determine if investors can earn excess risk-adjusted returns. Focusing on the SET100 index, the research employs long-short portfolio sorting strategies evaluated through CAPM and the Fama-Fren...

Chollakorn Leekatham · 0 citations

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