Results 61 to 70 of about 6,290 (156)
WACC: Definition, misconceptions and errors [PDF]
The WACC is just the rate at which the Free Cash Flows must be discounted to obtain the same result as in the valuation using Equity Cash Flows discounted at the required return to equity (Ke) The WACC is neither a cost nor a required return: it is a ...
Fernandez, Pablo
core
Islamic and Traditional Corporate Finance: a Comparative Study on WACC
European Journal of Islamic Finance, 2016 The paper represents a first exploratory study based on the comparison between the Weighted Average Cost of Capital (WACC) of a sample of companies listed on Malaysian Stock Exchange, classified and shared according to the principles of Islamic finance ...
Nicola Miglietta, Enrico Battisti
doaj +1 more source
A Risk‐Adjusted Analysis of LTC Insurance
Applied Stochastic Models in Business and Industry, Volume 42, Issue 4, July/August 2026.ABSTRACT In this article, we analyze the cash flows associated with a homogeneous portfolio of Long‐Term Care (LTC) insurance contracts, taking into account key sources of risk that may affect the profitability of such products. LTC policies generate long‐term positive impacts, both socially and economically, and insurers may actively support the ...
Emilia DI Lorenzo +3 more
wiley +1 more source
Adjustment of the WACC with Subsidized Debt in the Presence of Corporate Taxes: the N-Period Case [PDF]
In the Weighted Average Cost of Capital (WACC) applied to the free cash flow (FCF), 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 Velez-Pareja +2 more
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Advanced Energy and Sustainability Research, Volume 7, Issue 6, June 2026.This article provides an overview of the current state of the art and future improvements in PV technology and explains how changes in the technology and design of individual PV components—at the module level, the balance‐of‐system (BOS) level, or the PV plant level—can affect the reliability, durability, and energy output of a PV system.
Ulrike Jahn +10 more
wiley +1 more source
A general formula for the WACC: A correction [PDF]
This paper corrects some of the equations of Farber, Gillet and Szafarz (2006). The WACC is a discount rate widely used in corporate finance. However, correctly calculating the WACC involves properly calculating the value of tax shields, and the value of
Fernandez, Pablo
core
SAGE OpenIn recent years, the global business landscpae has witnessed a paradigm shift toward sustainable and responsible corporate practices. This transition has been particulalrly pronounced in the energy sector where companies are increasingly recongzing the ...
Danial Zahid Shafique +5 more
doaj +1 more source
Jurnal Aplikasi Bisnis dan Manajemen, 2020 PT. XYZ is the non-bank institutions with a special task in empowering UMKM that has different funding sources. Funding sources affect the capital structure and business activities. Thus, the development of the capital structure of PT.
Epiet Dwi Anggoro +2 more
doaj +1 more source
CONSTANT LEVERAGE AND CONSTANT COST OF CAPITAL: A COMMON KNOWLEDGE HALF-TRUTH [PDF]
A typical approach for valuing finite cash flows is to assume that leverage is constant (usually as target leverage) and the cost of equity, Ke and the Weighted Average Cost of Capital, WACC are also assumed to be constant.
JOSEPH THAM +2 more
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Australian Accounting Review, Volume 36, Issue 2, Page 130-149, June 2026.ABSTRACT This study examines the effect of a nature‐based corporate strategy consisting of green revenue reporting and biodiversity impact reduction on the corporate cost of capital of S&P 1500 firms. Applying a portfolio‐level regression approach for 10 890 firm‐year observations from 2015 to 2024, the study reveals that firms adopting biodiversity ...
Post Raj Pokharel
wiley +1 more source