Results 201 to 210 of about 15,166 (255)
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Investment and the weighted average cost of capital
Journal of Financial Economics, 2016Murray Z Frank, Tao Shen
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Efficient management of working capital and weighted average cost of capital
International Journal of Accounting and Finance, 2020Amarjit Gill +2 more
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Investment, Q, and the Weighted Average Cost of Capital
SSRN Electronic Journal, 2012In a standard q-theory model, corporate investment is negatively related to the cost of capital. Empirically, we find that the weighted average cost of capital matters for corporate investment. The form of the impact depends on how the cost of equity is measured.
Murray Z. Frank, Tao Shen
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On the Weighted Average Cost of Capital
The Journal of Financial and Quantitative Analysis, 1973The weighted average cost of capital is a widely used concept in the theoretical literature of finance as well as in the analysis of capital expenditures of business firms. The importance of the concept derives from its use as the cutoff point for investment in capital projects and as an indicator of optimal capital structure.
Raymond R. Reilly, William E. Wecker
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Flotation Costs and the Weighted Average Cost of Capital
The Journal of Financial and Quantitative Analysis, 1976The weighted average cost of capital (Ko) is presented in virtually all textbooks in financial management and capital budgeting as a practical concept fundamental to the actual selection of optimal financial and investment alternatives. As often employed Ko can be defined aswhereKo = the weighted average cost of capital,Ks = the cost of equity capital ...
John R. Ezzell, R. Burr Porter
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THE WEIGHTED AVERAGE COST OF CAPITAL: COMMENT
The Journal of Finance, 1975IN A RECENT article in this Journal, Prof. Ardittil argued that the weighted average cost of capital could only be properly employed by a firm possessing earnings expectations in the form of a perpetuity. We shall contend that this point is invalid and can be traced to a basic misunderstanding of the concept of income.2 Arditti defined earnings before ...
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On the Weighted Average Cost of Capital: Reply
The Journal of Financial and Quantitative Analysis, 1975The comment by Linke and Kim correctly observes that the assumption regarding the maintenance of constant proportional use of capital sources is not appropriate for our argument and should be deleted. As our analysis did not make use of this assumption, the two conclusions hold.1.
Raymond R. Reilly, William E. Wecker
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The Weighted Average Cost of Capital: Some Questions on its Definition, Interpretation, and Use
Journal of Finance, 1973Fred D Arditti
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The Weighted-Average Cost of Capital
SSRN Electronic Journal, 2017This note provides a conceptual introduction to the weighted-average cost of capital (WACC). It discusses and provides examples of calculating the WACC and its components. It is useful as a parallel reading for cases that require estimation of WACC or as background reading for a class discussion of WACC and its use as a hurdle rate.
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The Weighted Average Cost of Capital: A Caveat
The Engineering Economist, 1992(1992). The Weighted Average Cost of Capital: A Caveat. The Engineering Economist: Vol. 37, No. 2, pp. 178-183.
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