latest advances in behavioral finance, real option valuation, and game theory, this unique playbook explains how to express … theory and featuring numerous real-world case studies, Playing at Acquisitions will enhance the ability of CEOs and their …

latest advances in behavioral finance, real option valuation, and game theory, this unique playbook explains how to express … theory and featuring numerous real-world case studies, Playing at Acquisitions will enhance the ability of CEOs and their …

This paper proposes a unifying theory of forecasting in the form of a Golden Rule of Forecasting. The Golden Rule is to … situation is uncertain and complex, and when bias is likely. Non-experts who know the Golden Rule can identify dubious forecasts … quickly and inexpensively. To date, ignorance of research findings, bias, sophisticated statistical procedures, and the …

Usually in financial textbooks and courses the theory of portfolio selection is taught in a strictly theoretical way …, given her preference curves and an efficient frontier. On the other hand, the Capital Asset Pricing Model (CAPM) is … practitioners conclude that those models are just inapplicable theory. This is the most rational behavior one can expect. What can …

The paper deals with the estimation of weighted average cost of capital (WACC) for regulated industries in developing … evident changes have occurred: risk-free rates in solid and developed financial markets (e. g. USA, Germany) have fallen, but … due to increased market volatility, the risk premiums have increased. The latter is especially evident in transition …

One of the most important concepts in investment theory is the relationship between risk and return. This relationship … that the expected return on an asset above the risk-free rate is linearly related to the non-diversifiable risk measured by … its beta. This study examines the Capital Asset Pricing Model (CAPM) and test it validity for the WAEMU space stock market …

The article sheds light on the estimation of the cost of equity capital on a developing equity market. The cost of … expected free cash flows to equity. The aim of this paper is to tackle the estimation of the cost of equity capital on … developing markets with the example of estimation for ten Slovene publicly traded companies. The estimated cost of capital for …