Systematic risk (market risk) is defined as risk that impacts all industries, such as a major recession, whereas unsystematic risk (firm-specific risk) is specific to individual companies or sectors.

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)

• recession concept
• systematic risk concept
• unsystematic risk concept