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Systematic Risk in Energy Businesses: Empirical Evidence for the ASEAN

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Figure

Table 1: Models adopted by international regulators in estimating a return on equity
Table 2: Listed energy companies in the sample
Table 3: Estimates of equity beta for individual listed energy firms in the ASEAN‑5, using the weekly return from Friday-to-Friday week closing prices
Table 6: Differences in the estimates of equity beta for portfolio 1: A longest period 9 February 2007‑31 July 2015 and the 13 April 2012-31 July 2015 period
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