Estimating SMEs Cost of Equity Using a Value at Risk Approach
The Capital at Risk Model| By: | F. Beltrame; R. Cappelletto; G. Toniolo |
| Publisher: | Springer Nature |
| Print ISBN: | 9781349482344 |
| eText ISBN: | 9781137389305 |
| Edition: | 0 |
| Copyright: | 2014 |
| Format: | Reflowable |
Lifetime - $68.74
eBook Features
Instant Access
Purchase and read your book immediately
Read Offline
Access your eTextbook anytime and anywhere
Study Tools
Built-in study tools like highlights and more
Read Aloud
Listen and follow along as Bookshelf reads to you
Details
Table of Contents
As well as reviewing traditional models, this book proposes an alternative model for estimating the cost of risk capital. This model, known as CaRM (Capital at Risk Model), bases the cost estimate of risk capital on VaR (Value at Risk) for the very first time. This book is an ideal resource for developing valuation research in SMEs.