The most widely used Cost of Capital model is the Capital Asset Pricing Model. The Beta, Which is akey input into the model has proven to be unreliable and provides no correlation with systematicrisk. As risk increases, so should the cost of capital of the firm. The Beta is a historic measure of...

Earnout as a method of payment in an M&A allows for a number of advantages overthe traditional choices of exchange medium, such as cash and stock. This study seeksto validate some of the conclusions drawn by existing literature, in the South Africancontext and add value by investigating two...

Today, organisations are faced with drastic economic challenges which include, theglobal financial crisis, credit crunch, globalisation and increased competitive forces.As market share shrinks, organisations strive to find new customers, and increase itsbottom line, by adequately managing...