Results 171 to 180 of about 2,877 (217)

Introduction to the Cost of Equity

SSRN Electronic Journal, 2009
This note introduces the principal alternative methods for estimating the cost of equity, including the dividend-growth model, the earnings-capitalization model, and the CAPM.
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Equity, Compensation, and Costs

2021
Abstract Just as equitable considerations can inform a court or tribunal’s decision in the early phases of the adjudicatory process, so equity may have a role to play in fixing the amount of compensation, in allocating costs, and in deciding whether to grant security for costs. The chapter proceeds in two parts.
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The cost of equity capital and the risk premium on equities

Applied Financial Economics, 1992
Some well-known writers have argued that the experience of the last 60 years in the US shows that the cost of equity capital is about 8% per annum in excess of the ‘riskless’ return. By contrast, the paper argues that the same experience shows, first, that the ‘riskless’ real return is much higher than the average of about 0.5% per annum they assume ...
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Equity and deprivation costs in humanitarian logistics

European Journal of Operational Research, 2018
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Walter J. Gutjahr, Sophie Fischer
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Corporate derivatives use and the cost of equity

Journal of Banking & Finance, 2010
We investigate the relation between derivatives use and corporations’ cost of equity capital. Using a large sample of non-financial firms, we compute and analyze (i) the relative cost of equity of firms that use derivatives and those that do not; and (ii) the change in cost of equity experienced by firms initiating derivatives programs.
Chen-Miao Lin, Gerald D. Gay, Stephen D. Smith   +2 more
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INCORPORATION CHOICE AND IMPLIED COST OF EQUITY

International Journal of Business Research, 2015
Prior studies document a Delaware incorporation effect on firm valuation, generally using Tobin’s Q, but the directional effects are mixed and inconclusive. Our study uses implied cost of equity to assess valuation, and we find consistent evidence that firms incorporated outside of their home state, either in Delaware or in other states, have a cost of
Jere R. Francis, Michael D. Yu
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Political connections and the cost of equity capital

Journal of Corporate Finance, 2012
Motivated by recent research on the costs and benefits of political connection, we examine the cost of equity capital of politically connected firms. Using propensity score matching models, we find that politically connected firms enjoy a lower cost of equity capital than their non-connected peers.
Narjess Boubakri, Omrane Guedhami, Dev R. Mishra, Walid Saffar   +3 more
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Climate change exposure and cost of equity

Energy Economics
In this study, we investigate the association between climate change exposure and the cost of equity financing. Using a novel dataset of US firm-level exposure to climate change risks, we find that higher exposure to climate risks co-exists with higher financing costs for the period 2010 through 2021.
Cepni, Oguzhan, Sensoy, Ahmet, Yılmaz, Muhammed Hasan   +2 more
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Extreme weather risk and the cost of equity

2023
We examine if extreme weather exposure impacts firms' cost of equity. Motivated by a consumption-based asset pricing model with heterogeneous agents, we reveal the existence of an extreme weather risk premium in the cross-section of stock returns. In the period from 1995 to 2019, domestic U.S.
Julia Braun, Alexander Braun, Florian Weigert   +2 more
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The Cost of Equity in Canada: An International Comparison

2008
This paper calculates an implied cost of equity for 19 developed countries from 1991 to 2006. During this period, there has been a decline in the cost of equity of about 10-15 bps per year, which can be partially attributed to declining government yields and declining inflation.
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