Results 21 to 30 of about 5,105 (214)

GENERALIZATION OF THE MODIGLIANI-MILLER THEORY: MYTH AND REALITY

open access: yesФинансы: теория и практика, 2017
Starting from the contribution made by the Nobel laureates Merton Miller and Franco Modigliani, the issue of interdependences among the capital structure,the cost of capital and firm value and their implementation in the financial models for practical ...
R. G. Ibragimov, G. A. Panferov
doaj   +1 more source

THE EFFECT OF CORPORATE GOVERNANCE ON COST OF CAPITAL IN AGRICULTURE SECTOR OF ASIAN COUNTRIES [PDF]

open access: yesScientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development, 2020
This study has determined connection of governance mechanisms with cost of capital based on Agency and Stewardship theories for companies in agriculture sector in 20 Asian countries from 2009-2018 for 363 agricultural firms as agriculture significantly ...
Zeshan ANWAR
doaj  

Estimating WACC for Regulated Industries on Developing Financial Markets and in Times of Market Uncertainty [PDF]

open access: yesManaging Global Transitions, 2014
The paper deals with the estimation of weighted average cost of capital (WACC) for regulated industries in developing financial markets from the perspective of the current financial-economic crisis.
Igor Stubelj   +2 more
doaj  

Energy Sector Risk and Cost of Capital Assessment—Companies and Investors Perspective

open access: yesEnergies, 2021
This paper aims to identify the costs of capital in a group of companies from the energy sector by including an investor and market risk approach. The study also concerns the company’s Weighted Average Cost of Capital (WACC) cost intra-industry analysis ...
Justyna Franc-Dąbrowska   +2 more
doaj   +1 more source

Analisis Pengaruh Antara Economic Value Edded (EVA), Net Operating Profit After Tax (NOPAT),dan Weighted Average Cost of Captal (WACC) terhadap Market Value Added (MVA) pada perusahaan LQ-45

open access: yesJurnal Manajemen Teori dan Terapan, 2009
Penelitian ini bertujuan untuk membuktikan hasil perdebatan Steren Stewart dengan Pablo Fernandez dan D.V. Ramana mengenai hubungan EVA dan unsur-unsur yang membentuk EVA meliputi NOPAT dan WACC terhadap MVA melalui pendekatan secara kuantitatif, dengan ...
Soedewi Soedorowedi, Adelia Savitri
doaj   +1 more source

Cost of capital: The effect to the firm value and profitability of companies: Evidence of a selected group of companies on the Sarajevo and Banja Luka stock exchanges [PDF]

open access: yesBankarstvo, 2023
The weighted average cost of capital is the rate that companies must pay to shareholders and creditors. Therefore, it is a risk-adjusted discount rate for the company's cash flows.
Alihodžić Almir
doaj  

Unpacking ESG Controversies: A Proposed Integrated Framework of Organizational Frictions and Fallout From a Systematic Literature Review

open access: yesBusiness Strategy and the Environment, EarlyView.
ABSTRACT Research on ESG controversies has expanded rapidly, but findings remain fragmented and lack a unifying perspective. This study conducts a PRISMA‐guided, framework‐based systematic review of 68 empirical articles published between 2018 and 2025 (May) to synthesize the main determinants and consequences of ESG controversies.
Cristina Alexandrina Ştefănescu   +1 more
wiley   +1 more source

Adjustment of the WACC with Subsidized Debt in the Presence of Corporate Taxes: The Finite-Horizon Case

open access: yesEstudios de Administración, 2005
When discounting free-cash flows (FCF) at the Weighted Average Cost of Capital (WACC), we assume that the cost of debt is the market, unsubsidized rate. With debt at the market rate and perfect capital markets, debt only creates value in the presence of ...
Ignacio Vélez-Pareja   +2 more
doaj   +1 more source

The link between environmental, social and corporate governance disclosure and the cost of capital in South Africa

open access: yesJournal of Economic and Financial Sciences, 2020
Orientation: Ignoring environmental, social and corporate governance (ESG) aspects exposes firms to risks that diminish value, shrink returns and even lead to failure. Firms considering ESG aspects are perceived as less risky by capital providers.
Ruth Johnson
doaj   +1 more source

Corporate Environmental Responsibility and Cost of Equity Capital: A Meta‐Analytical Review

open access: yesBusiness Strategy and the Environment, EarlyView.
ABSTRACT Despite extensive research on the relationship between corporate environmental responsibility (CER) and cost of equity capital (COEC), empirical evidence remains inconsistent. This study addresses these inconsistencies through a comprehensive meta‐analysis of 1139 effect sizes from 75 studies.
Robert Witte   +2 more
wiley   +1 more source

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