Showing 1 - 10 of 19
Persistent link: https://www.econbiz.de/10000737193
Persistent link: https://www.econbiz.de/10003333297
Persistent link: https://www.econbiz.de/10001028020
Persistent link: https://www.econbiz.de/10001184967
Persistent link: https://www.econbiz.de/10003819264
"Whereas Poterba and Summers (1995) find that firms use hurdle rates that are unrelated to their CAPM betas, Graham and Harvey (2001) find that 74% of their survey firms use the CAPM for capital budgeting. We provide an explanation for these two apparently contradictory conclusions. We find that...
Persistent link: https://www.econbiz.de/10008859595
Persistent link: https://www.econbiz.de/10003962254
Persistent link: https://www.econbiz.de/10001244937
Persistent link: https://www.econbiz.de/10001016498
Persistent link: https://www.econbiz.de/10001064752