Firm-specific or idiosyncratic risks are unique to a particular company or industry, can often be reduced through diversification, and are referred to as diversifiable risks.

Authors

• Person: Not available Organization: Pressbooks
  Chapter 8 – Risk and Return – Fundamentals of Finance

Sources

• Chapter 8 – Risk and Return – Fundamentals of Finance pressbooks.pub Pressbooks via serper

Referenced by nodes (3)

• firm-specific risk concept
• diversifiable risk concept
• diversification concept