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Estimating SMEs Cost of Equity Using a Value at Risk Approach: The Capital at Risk Model

Estimating SMEs Cost of Equity Using a Value at Risk Approach: The Capital at Risk Model

Hardcover

AccountingInvesting & Finance

ISBN10: 113738929X
ISBN13: 9781137389299
Publisher: Springer Nature
Published: Jun 10 2014
Pages: 210
Weight: 0.97
Height: 0.80 Width: 5.50 Depth: 8.60
Language: English
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.

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