Results 171 to 180 of about 314,458 (210)

More on the Weighted Average Cost of Capital: A Comment and Analysis

The Journal of Financial and Quantitative Analysis, 1974
The mathematical difficulties encountered when attempting to express the internal rate of return (IRR) of a combination of two or more investments as a weighted algebraic sum of the individual investments' IRRs has been recognized in the financial literature for some time.
Charles M. Linke, Moon K. Kim
openaire   +1 more source

The Weighted Average Cost of Capital and Shareholder Wealth Maximization

The Journal of Financial and Quantitative Analysis, 1977
A set of theorems was derived based on the following set of axioms: (1) financial management seeks to maximize the wealth of existing shareholders; (2) all projects being considered at period 0 are of one period duration and possess the attribute that their adoption or rejection by the firm will not affect the business risk of the firm's asset ...
openaire   +1 more source

“The weighted average cost of capital is not quite right”: A rejoinder

The Quarterly Review of Economics and Finance, 2009
Abstract Richard Miller's reply (2008) to my comment (2008) on his claim (2007) that the standard WACC formula fails to correctly remunerate shareholders and bondholders raises crucial questions on the nature of the project's debt that he considers in his calculations.
openaire   +1 more source

Comment on “The weighted average cost of capital is not quite right”

The Quarterly Review of Economics and Finance, 2009
Abstract One of the most important equations in modern finance theory and practise is the WACC textbook formula accounting for the capital structure and resulting tax consequences on valuing a stream of cash flows. In the article “The weighted average cost of capital is not quite right” published in this paper by Richard A. Miller in February 2009,
openaire   +1 more source

Implications of the method of capital cost payment on the weighted average cost of capital.

Health services research, 1986
The author develops a theoretical and mathematical model, based on published financial management literature, to describe the cost of capital structure for health care delivery entities. This model is then used to generate the implications of changing the capital cost reimbursement mechanism from a cost basis to a prospective basis.
openaire   +1 more source

“The weighted average cost of capital is not quite right”: A comment

The Quarterly Review of Economics and Finance, 2009
Abstract In this journal, Miller [Miller, R. A. (2009). The weighted average cost of capital is not quite right. The Quarterly Review of Economics and Finance , 49 , 128–138] argues that the standard WACC formula fails to correctly remunerate shareholders and bondholders. This is proved by considering a project yielding a zero net present value. In
openaire   +1 more source

Does it pay to be environmentally responsible? Investigating the effect on the weighted average cost of capital

Corporate Social Responsibility and Environmental Management, 2021
Massimo Mariani, Fabio Pizzutilo, ALESSANDRA CARAGNANO   +2 more
exaly  

8 The Weighted Average Cost of Capital

SSRN Electronic Journal, 2006
openaire   +1 more source

The Corporation's Cost of Capital and the Weighted-Average Cost of Capital

SSRN Electronic Journal, 2006
openaire   +1 more source

Clarifications of and improvements to the equations used to calculate the levelized cost of electricity (LCOE), and comments on the weighted average cost of capital (WACC)

Energy, 2020
L D Danny Harvey
exaly