Results 21 to 30 of about 298 (154)

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

Managing 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, Primož Dolenc, Mateja Jerman   +2 more
doaj  

Generalization of the Modigliani–Miller Theory for the Case of Variable Profit

Mathematics, 2021
For the first time we have generalized the world-famous theory by Nobel Prize winners Modigliani and Miller for the case of variable profit, which significantly extends the application of the theory in practice, specifically in business valuation ...
Peter Brusov, Tatiana Filatova, Natali Orekhova, Veniamin Kulik, She-I Chang, George Lin   +5 more
doaj   +1 more source

Caveat WACC: Pitfalls in the use of the weighted average cost of capital

Corporate Ownership and Control, 2009
In Discounted Cash Flow valuations, the WACC approach is very popular. Therefore, knowing which limitations the concept inherits is essential. The objective of this paper is thus twofold: First, it is clarified that a constant WACC rate must fail if the implied leverage ratio is time-varying. This seems to be the rationale for defining a nonlinear WACC
openaire   +1 more source

El Impacto del WACC (Weighted Average Cost of Capital) en la valoración de empresas.

Innovando En La U, 2017
El artículo se desarrolla en función de la importancia que tiene el impacto de los métodos para la valoración de empresas, tratando específicamente del WACC; por sus siglas en inglés: Weighted Average Cost of Capital (Promedio Ponderado del Costo de Capital), se ha planteado como interrogante, ¿Cuál es la importancia del WACC (Weighted Average Cost of ...
Geraldine Cala Ibáñez, Erika Noriega Ardila, Alfonso Enrique Gualdrón López   +2 more
openaire   +2 more sources

Evaluation of the cost of capital and the discount rate based on the Russian financial statistics

Journal of New Economy, 2023
The cost of capital and the discount rate calculated on its basis are the key parameters in the financial modelling and assessment of investment projects’ economic efficiency.
Dmitry S. Voronov , Lyudmila A. Ramenskaya   +1 more
doaj   +1 more source

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

Business 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, Andra Larisa Suciu   +1 more
wiley   +1 more source

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

Business 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, Ewald Aschauer, Helmut Pernsteiner   +2 more
wiley   +1 more source

Determinants of Weighted Average Cost of Companies Using Non-Financial Reporting Initiatives in Pakistan

SAGE Open
In 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, Muhammad Asif, Arif Hussain, Muhammad Khan, Khusniddin Fakhriddinovich Uktamov, Mamdouh Abdulaziz Saleh Al-Faryan   +5 more
doaj   +1 more source

WACC y oportunidades de inversión

Pensamiento Crítico, 2014
Considerando que los grandes proyectos de inversión de una empresa se financian con un porcentaje de recursos propios y otro porcentaje con recursos de terceros vía deudas, surgió la inquietud de analizar en el período de 1999 al 2010 si una empresa ...
Raimundo Renaun Pacheco Mexzon
doaj   +1 more source

Does Disclosure Type Matter? Climate‐Related Financial Disclosures and Corporate Performance

Business Strategy and the Environment, EarlyView.
ABSTRACT Our study examines the financial implications of corporate climate‐related financial disclosures while distinguishing between quantitative and qualitative disclosures. We use a multiple‐period difference‐in‐differences approach to analyze Japanese firms listed on the Tokyo Stock Exchange Prime Market from 2019 to 2023.
Alexander Ryota Keeley, Jun Xie, Chao Li, Masaaki Nagamura, Shunsuke Managi   +4 more
wiley   +1 more source