Showing 1 - 10 of 264,748
Persistent link: https://www.econbiz.de/10014334132
We estimate the cost of capital for the banking industry and find that while the cost of capital soared for banks in the financial crisis, after the passage of the Dodd-Frank Act, the value-weighted cost of capital for banks fell differentially more than did the cost of capital for nonbanks. The...
Persistent link: https://www.econbiz.de/10011868475
Persistent link: https://www.econbiz.de/10010524686
Persistent link: https://www.econbiz.de/10001410167
Persistent link: https://www.econbiz.de/10001565731
Persistent link: https://www.econbiz.de/10003463971
Persistent link: https://www.econbiz.de/10003442039
Persistent link: https://www.econbiz.de/10009750503
paribus dem risikofreien Zinssatz entsprechen ... Risikoanalyse ; Kapitalkosten ; Regulierung ; Energiemarkt … Basis fundamentaler Bewertungsmodelle und Marktpreise errechnet werden kann, eine robuste Schätzung der Kapitalkosten von …, eine Schätzung des systematischen Risikos nahe Null; somit sollten die Kapitalkosten einer derartigen Investition ceteris …
Persistent link: https://www.econbiz.de/10009713721
In this discussion paper I review and discuss the main economic and technical issues affecting the Regulatory WACC assessment in the sector of regulated utilities. I focus on three main compelling issues (the estimation of the risk-free rate, the treatment of risky debt, the calculation of the...
Persistent link: https://www.econbiz.de/10012697254