Calculate beta of an asx company

Reference no: EM133020611

Part 1: Calculating the beta of a security

Calculate beta of an ASX company using 8 years quarterly returns of the selected stock, the stock market (all ordinary index) and 10-year bonds. You are required to use Excel program to complete this project. You must use formulae in Excel and must show the formulae in a separate spreadsheet that has been used in completing this part.

Instructions

You need to answer and calculate the following for this part of the assignment:
1. Provide a summary of the selected ASX company.
2. Calculate the data of quarterly stock returns of the selected company over past 8 years (i.e., 2014 to 2021).
3. Calculate the data of quarterly market returns (all ordinary Index) of the selected company over past 5 years (i.e., 2014 to 2021).
4. Calculate the data of quarterly 10-year government bond returns (yield) of over past 5 years (i.e., 2014 to 2021).
S. Identify the Ex-dividend dates for selected company over last five years (i.e., 2014 to 2021) and the respective dividend paid per share. Then calculate Beta for the selected company.

Part 2: Involves writing an essay: Agency Conflicts and Corporate Governance (approximate 1500 words).

"In a large company, ownership is often spread over a large number of shareholders who may effectively have little control over management. Management may therefore make decisions that benefit its own interests rather than those of the shareholders." (Parrino et el 2016). This separation of ownership and control creates conflicts. These conflicts may also result in corporate misconduct and concerns over corporate governance practices of corporations.

Based on the above, write an essay on the topics of agency conflicts that are a result of the separation of ownership and control, and the role of corporate governance in modern corporations. Your essay must incorporate authentic academic and professional research to support your arguments.

Attachment:- essay.rar

Reference no: EM133020611

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