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Private Company Valuation: How Credit Risk Reshaped Equity Markets and Corporate Finance Valuation Tools

Private Company Valuation: How Credit Risk Reshaped Equity Markets and Corporate Finance Valuation Tools

Hardcover

Series: Global Financial Markets

AccountingBusiness General

ISBN10: 0230291449
ISBN13: 9780230291447
Publisher: Springer Nature
Published: Oct 17 2012
Pages: 301
Weight: 1.40
Height: 1.00 Width: 6.20 Depth: 9.30
Language: English
The recent crisis in financial markets has seen a gradual erosion of risk-free asset classes. In equity markets the credit risk has reached a critical level in valuation. Here a new cost of equity method for private companies is presented based on the pricing of junior subordinated notes. Global business cases are illustrated to support this.

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