Results 121 to 130 of about 6,290 (156)
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2005
The estimation of corporate capital costs is complicated by many practical issues that create numerous degrees of freedom and lead to wide-ranging results. We provide pragmatic solutions including: * A global market risk premium (MRP) of about 5%, based on historical data, market expectations, and a review of the literature * Several methods to ...
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The estimation of corporate capital costs is complicated by many practical issues that create numerous degrees of freedom and lead to wide-ranging results. We provide pragmatic solutions including: * A global market risk premium (MRP) of about 5%, based on historical data, market expectations, and a review of the literature * Several methods to ...
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WACC as the touchstone performance indicator
International Journal of Contemporary Hospitality Management, 2008PurposeThe purpose of this paper is to propose a simple framework to help practitioners to analyze and evaluate their performance more accurately and easily from the perspective of value adding concept.Design/methodology/approachThe proposed framework separates management and operations into two different functions in the flows of capital investment ...
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Using the WACC to Rate a New Project
SSRN Electronic Journal, 2015Warnings commonly formulated about the use of the "weighted average cost of capital" (WACC) are at all inapplicable when dealing with a new project. In this case, namely, the WACC must be calculated with respect to properly defined book values, not to yet non-existing market ones; nor can a really new project be a "carbon copy" of the firm that ...
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2012
Abstract: - This article shows the weighted average capital cost being dynamically modeled. The model includes entry independent variables that can be freely modeled (inflation, financial stability, Central Bank rate, expected profitability of banks, tax rate, risk-free interest rate, beta coefficient) as well as dependent ones (cost of foreign capital,
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Abstract: - This article shows the weighted average capital cost being dynamically modeled. The model includes entry independent variables that can be freely modeled (inflation, financial stability, Central Bank rate, expected profitability of banks, tax rate, risk-free interest rate, beta coefficient) as well as dependent ones (cost of foreign capital,
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Fuzzy IRR with Fuzzy WACC and Fuzzy MARR
2012In this paper, several uncertainties are considered for investment acceptability decision by IRR method. First, some parameters in weighted average cost of capital (WACC) equation are assumed to be fuzzy numbers, a fuzzy WACC is obtained, and defuzzified by t-norm and t-conorm fuzzy relations.
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Private firms, corporate investment and the WACC: evidence from France
European Journal of Finance, 2023Juan Carluccio
exaly
Challenging WACC and alternative measurement
The application of Weighted Average Cost of Capital (WACC) is not a panacea. Different variations in the estimation of cost of equity lead to substantially different results. In the Greek market, these discrepancies become even more intense. This thesis analyzes a sample of 57 companies (38 listed on ATHEX and 19 privately held) over the period 2019 ...openaire +1 more source
Is WACC out of Whack? Capital Costs and Short-Termism
SSRN Electronic Journal, 2021openaire +2 more sources