Results 291 to 300 of about 120,520 (351)

Factors Influencing Capitalization Rates [PDF]

open access: possibleJournal of Real Estate Research, 1993
This study examines the variations in quarterly mean "capitalization rates" for commercial and industrial investment properties.
Brent W. Ambrose, Hugh O. Nourse
openaire   +1 more source

Profit Rates and Intangible Capital

The Review of Economics and Statistics, 1991
A central question in industrial organization is why profit rates differ so dramatically across firms and industries. One of the many explanations offered for this phenomenon is the failure of conventional accounting methods to adjust for intangible capital stocks, i.e., it is argued that profit rates do not differ dramatically when capital stocks are ...
Megna, Pamela, Mueller, Dennis C
openaire   +1 more source

Cost of Capital: Spot Rate or Forward Rate?

SSRN Electronic Journal, 2015
In this study, we intend to reveal some problems with the classic valuation method - the Weighted Average Cost of Capital (WACC) method. We first address a fundamental question about WACC, i.e. should WACC be interpreted as a spot rate, a forward rate, or any kind of average of either of them?
H. Qi, Y. A. Xie
openaire   +1 more source

Capital Budgeting with Unspecified Discount Rates

The Scandinavian Journal of Economics, 1980
Public or private allocation problems often involve numerous multiperiod decision alternatives, conflicting preferences, or imperfect knowledge about decisionmakers' wants. By placing only weak restrictions on permissible preferences, very simple cashflow characteristics are used in this paper to select most-preferred projects for any individual within
Øyvind Bøhren   +2 more
openaire   +1 more source

Rating intellectual capital

Strategic HR Review, 2005
In his previous article, “Measuring the immeasurables,” Rory Gear of Summit‐IMM made the case for measuring intangibles and introduced the Standard and Poor’s method as a viable approach. Here, he describes a worked example taken from a real “Intellectual Capital Rating” of a large international manufacturing company.
openaire   +1 more source

Depreciation Rates and Capital Stocks [PDF]

open access: possibleThe Manchester School, 2001
Suppose we have observations ranging over t=0,1,...,T on real net investment and on real gross investment . We derive a method of calculating the depreciation rate for each of the periods and of estimating ‘the’ implied net capital stock . We then provide empirical examples of the procedure and analyse the results.
Karim Abadir, Gabriel Talmain
openaire   +1 more source

CAPITAL RATIONING AND EXTERNAL DISCOUNT RATES*

The Journal of Finance, 1970
THIS PAPER ARGUES that external discount rates are important to a firm operating under capital rationing. This position conflicts with the views expressed by other authors writing in the area, all of whom have rejected external discount rates (see Hirshleifer (6), Baumol and Quandt (1), Charnes, Cooper and Miller (3), Klevorick (9), and Weingartner (12)
openaire   +1 more source

ON CAPITALIZATION RATES FOR RISKLESS STREAMS

The Journal of Finance, 1976
structures. Gordon's proof is based on a Modigliani-Miller type arbitrage agrument. Modigliani and Miller developed the approach to show that the minimum rate of return for any project was independent of how the individual project was financed. Their approach does not suggest that this required minimum is independent of how the firm was financed. Quite
openaire   +1 more source

Beware Capital Charge Rates

The Electricity Journal, 2006
The capital charge rate has a material effect in cost comparisons. Care should be taken to calculate it correctly and use it properly. The most common mistake is to use a nominal, rather than real, capital charge rate. To make matters worse, the common short-cut formula does not work well.
openaire   +1 more source

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