LNG Project Valuation with Financial Leasing Contracts [PDF]
,Project valuation; Capital budgeting; Financial Leasing; Financial ...
Emhjellen, Magne +2 more
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Debt Policy, Corporate Taxes, and Discount Rates [PDF]
This paper studies the valuation of assets with debt tax shields when debt policy is a general time-dependent function of the asset's unlevered cash flows, value, and history.
Jun Liu, Mark Grinblatt
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ESG Integration and the Financial Stability Trade-Off in Emerging Markets
International Journal of Financial StudiesThis study investigates the impact of ESG practices on the financial stability in a multisector sample of 86 publicly listed Brazilian firms, focusing on the Weighted Average Cost of Capital (WACC) and Altman Z-Score (AZS) as a proxy for insolvency risk.
Luis Ángel Meneses Cerón +3 more
doaj +1 more source
Testing Regulatory Consistency [PDF]
We undertake an analysis of regulatory consistency using a database of publicly available regulatory decisions in Australia. We propose a simple exploratory model which allows us to test for regulatory consistency across jurisdictions and industries ...
Flavio M. Menezes, Robert Breunig
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Análisis de valor económico agregado (EVA) Y valor agregado de mercado (MVA) para las empresas del sector petrolero que cotizan en la bolsa de valores de Colombia entre 2008 Y 2011 [PDF]
, 2012 En este trabajo se realiza un análisis del Valor Económico Agregado EVA y Valor Agregado de Mercado MVA para las empresas del sector petrolero que cotizan en la Bolsa de Valores de Colombia entre los años 2008 y 2011; describiendo los usos y aplicaciones
Arias Posada, David Esteban +2 more
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Equivalence of the different discounted cash flow valuation methods. Different alternatives for determining the discounted value of tax shields and their implications for the valuation [PDF]
This paper addresses the valuation of firms by cash flow discounting. The first part shows that the four most commonly used discounted cash flow valuation methods (free cash flow discounted at the WACC; cash flow available for equity holders discounted ...
Fernández, Pablo
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Determining the Discount Rate for Government Projects [PDF]
Discount rates are widely used in the public sector to assess policy proposals where costs and benefits accrue over long time periods. Socially optimal policy choices require an appropriate choice of discount rate.
Louise Young
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Are wine co-operatives creating value? [PDF]
This article examines the introduction of Economic Value Added (EVA) as a performance measure that South African wine co-operatives can use to determine whether value has been created for members.
Geyser, J.M., Hall, John H.
core +1 more source
Using VAR to Determine the Value of a Company
Theory, Methodology, Practice, 2005 This paper deals with one particular basic problem of discounted cash flow methods, and one of their possible solutions. the most accepted company evaluation method determines the market value of an enterprise to estimate the incremental cash flows from
Sándor Bozsik, Judit Szemán
doaj
AN ANALYSIS OF ALTERNATIVE NET PRESENT VALUE CAPITAL INVESTMENT DECISION MODELS [PDF]
We have found that the disagreement between Returns-to-Assets (RTA) and Returns-to-Equity (RTE) proponents is not confined to agricultural economics. Depending on the course they are taking and the accompanying text, students are likely to learn that ...
Bradford, Garnett L., Miller, Stephen E.
core +1 more source