摘要：The Capital Asset Pricing Model (CAPM) allows to assess the risk factor of financial assets based on their correlation with the market portfolio. The model developed on portfolio diversification theory combines finance and mathematics, giving rise to more efficient management tools for investments. This research is based on the application of the model through the use of the beta coefficient. This analysis is performed using a non-traditional approach; it takes into consideration the current economic reality of the Colombian agricultural sector and its limited participation in the stock market. The outcome constitutes a financial management tool that is useful in determining the risk-return relationship, thus corroborating the validity of accounting information offered by organizations.
