Results 21 to 30 of about 5,105 (214)
GENERALIZATION OF THE MODIGLIANI-MILLER THEORY: MYTH AND REALITY
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]
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]
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
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
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]
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
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
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
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
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Corporate Environmental Responsibility and Cost of Equity Capital: A Meta‐Analytical Review
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

