Przegląd badań dotyczących praktycznego wykorzystania metod szacowania kosztu kapitału w gospodarkach rozwiniętych i rozwijających się
The review of researches related with the practical use of methods of estimating the cost of capital in developed and emerging economies
Author(s): Tomasz PawlonkaSubject(s): Business Economy / Management
Published by: Szkoła Główna Gospodarstwa Wiejskiego w Warszawie
Keywords: cost of capital; CAPM; risk-free rate; market yield
Summary/Abstract: The main goal of the companies, increasing the value for the shareholder, requires awareness of the cost of capital. The ways of estimating the cost of capital in finance theory and business practice are still debatable. They are not transparent for all companies and for all economies. The aim of this article is to present the opinion of practitioners and a summary of its with theoretical views regarding to reliable calculation of the cost of capital. Particular emphasis is placed on the CAPM and the various parameters of this model.
Journal: Zarządzanie Finansami i Rachunkowość
- Issue Year: 5/2017
- Issue No: 2
- Page Range: 39-51
- Page Count: 13
- Language: Polish