In this paper we summarize the theoretical relationship between beta, the measure of relative sysmtematic risk on one hand and financial and accounting variables, such as leverage, size, growth in earnings, capital adequacy etc. The purpose is to bring together a comprehensive treatise of these relationships.
Lawrence, Edward R.; Mishra, Suchismita; and Prakash, Arun J.
"A synthesis of theoretical relationship between systematic risk and financial and accounting variables,"
International Journal of Banking and Finance:
1, Article 2.
Available at: http://epublications.bond.edu.au/ijbf/vol2/iss1/2