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Privately held company valuation and cost of capital

Rojo-Ramírez, Alfonso A. - In: Journal of business valuation and economic loss analysis 9 (2014) 1, pp. 1-21

Persistent link: https://www.econbiz.de/10010399029

Estimating cost of capital in firm valuations with arithmetic of geometric mean - or better use the Cooper estimator?

Breuer, Wolfgang; Fuchs, Daniel; Mark, Klaus - In: The European journal of finance 20 (2014) 4/6, pp. 568-594

Persistent link: https://www.econbiz.de/10010461902

Taxes, mispricing, or the agency cost of managerial discretion? : evidence from corporation to REIT conversions

Gopal, Naresh; Mateti, Ravi S.; Nguyen, Duong; … - In: Review of Pacific Basin financial markets and policies 24 (2021) 1, pp. 2150007-1-2150007-35

Persistent link: https://www.econbiz.de/10012627763

The difference between Modigliani-Miller and Miles-Ezzell and its consequences for the valuation of annuities

Becker, Denis M. - In: Cogent economics & finance 9 (2021) 1, pp. 1-24

This paper addresses the differences between the Modigliani-Miller [M&M] model (1958, 1963) and the Miles-Ezzell [M&E] model (1980, 1985). The main difference between these two models concerns the stochasticity of the free cash flows. While M&M assumes a strictly stationary process, M&E's...

Persistent link: https://www.econbiz.de/10013183744